Coinbase CEO: A new SEC chairman may be appointed in 2024, and cryptocurrency could become a "hot topic" in the 2024 U.S. elections

ChainCatcher news, according to Yahoo Finance, Coinbase CEO Brian Armstrong stated that one of the issues facing the crypto industry is the lack of clear regulation. The industry can gain clarity in various ways, such as through the courts, Congress, and the Commodity Futures Trading Commission (CFTC).

He also believes that there may be a new SEC chairman in 2024. If Gary Gensler is no longer the SEC chairman, it would be beneficial for the crypto industry. Speaking about the 2024 campaign, cryptocurrency could become a "hot topic" in the presidential race, and Coinbase hopes to donate to presidential candidates who support cryptocurrency.