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Coinbase policy executive says more pro-crypto Democrats are entering Congress than ever before

Coinbase Vice President of U.S. Policy Kara Calvert reported an unprecedented influx of pro-crypto Democrats into Congress, emphasizing bipartisan engagement and regulatory clarity.

A Fox Business broadcast graphic displaying crypto stock prices alongside an interview with Coinbase Vice President of U.S. Policy Kara Calvert.
Image: @crypto_banter

More pro-crypto Democrats are entering Congress than ever before, according to Coinbase Vice President of U.S. Policy Kara Calvert. Speaking during a Fox Business broadcast under the banner "Crypto's Future Under Democrat Congress," Calvert stated that the exchange has established a strong track record working with both Democrats and Republicans and plans to maintain that bipartisan collaboration in the new legislative session.[1][2]

Calvert clarified that she defines pro-crypto lawmakers as those advocating for clear rules for the millions of Americans who actively use digital assets. She added that crypto aligns with election debates centered on affordability, arguing that the technology can make financial systems faster, better, and cheaper.[2]

A market graphic displayed during the segment showed gains across several crypto-related equities, with Coinbase Global (COIN) trading at $138.40 (up 1.15%), CleanSpark Inc. (CLSK) at $6.07 (up 6.87%), Strategy Inc. (MSTR) at $130.83 (up 1.18%), and MARA Holdings (MARA) at $6.24 (up 6.20%).[1][2]

Key facts

  • Coinbase Vice President of U.S. Policy Kara Calvert stated that more pro-crypto Democrats are entering Congress than ever before.
  • Calvert stated that Coinbase has a strong track record with both political parties and plans to continue working with Democrats and Republicans in the new Congress.
  • Calvert defined pro-crypto lawmakers as those who want clear regulatory rules for Americans using cryptocurrency.
  • Calvert noted that crypto fits into election concerns over affordability because it can make processes faster, better, and cheaper.
  • A Fox Business segment graphic showed share price increases for Coinbase Global (+1.15%), CleanSpark (+6.87%), Strategy Inc. (+1.18%), and MARA Holdings (+6.20%).

Sources 路 2 sources

  1. BM

    Bitcoin Magazine@BitcoinMagazinePost on X 路

    JUST IN: 馃嚭馃嚫 Coinbase VP of U.S. Policy says "there are more Democrats coming into Congress that are pro-crypto than we have ever seen before" 馃憖 "We have a very strong track record with Democrats and with Republicans, and we'll continue that in the new Congress." https://t.co/vG6NeQwzoQ

    Open source
  2. CB

    Crypto Banter@crypto_banterPost on X 路

    馃毃COINBASE VP: MORE PRO-CRYPTO DEMOCRATS ENTERING CONGRESS THAN EVER BEFORE! @karacalvert, Coinbase VP of U.S. Policy, said there are more Democrats coming into Congress that are pro-crypto than they have ever seen before. She clarified that by pro-crypto she means lawmakers who want clear rules for the millions of Americans already using crypto, and noted that crypto fits into the election鈥檚 affordability focus because it can make things faster, better, and cheaper. She added that @coinbase has a strong bipartisan track record and plans to keep working with both parties in the new Congress.

    Open source