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Coinbase CEO, Elon Musk Back Pro-Crypto Senate Challenger Against Elizabeth Warren

Coinbase CEO, Elon Musk Back Pro-Crypto Senate Challenger Against Elizabeth WarrenCoinbase CEO Brian Armstrong and Tesla CEO Elon Musk have voiced their support for pro-crypto Senate candidate John Deaton in his race against Elizabeth Warren. Armstrong warned that Warren, a vocal crypto critic, has pushed harmful regulations and backed U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler’s efforts to curb the industry. Musk signaled […]

Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Coinbase CEO Brian Armstrong backs Republican Senate candidates

Armstrong has endorsed pro-crypto Senate candidates, backing Republicans like John Deaton and David McCormick for their stance on digital asset policies.

Coinbase co-founder and CEO Brian Armstrong has endorsed several Republican candidates for the United States Senate in the November elections.

Armstrong took to X on Oct. 20 to show support for pro-crypto Senate candidates, including the pro-XRP (XRP) lawyer John Deaton and former Bridgewater Associates CEO David McCormick.

Both candidates are running under the Republican Party banner, with Deaton running for a Senate seat in Massachusetts and McCormick in Pennsylvania.

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Elizabeth Warren’s Anti-Crypto Stance Takes Center Stage in Senate Debate With John Deaton

Elizabeth Warren’s Anti-Crypto Stance Takes Center Stage in Senate Debate With John DeatonIn a heated debate for the Massachusetts Senate seat, Elizabeth Warren and John Deaton clashed on the future of cryptocurrency, focusing on bitcoin’s role in banking and its regulation. The conversation highlighted stark contrasts in their views on financial stability and consumer protection. Warren vs. Deaton: Senate Candidates Clash Over Views on Crypto John Deaton, […]

Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Elizabeth Warren vs. Innovation: It’s Time for Massachusetts to Choose

Elizabeth Warren vs. Innovation: It’s Time for Massachusetts to ChooseElizabeth Warren has been a major political figure in Massachusetts for over a decade. While she’s known for championing consumer protection and taking on big banks, her stance on modern financial innovation—particularly her aggressive opposition to cryptocurrency—shows that her leadership is increasingly out of touch with today’s fast-changing economy. Massachusetts needs fresh leadership that embraces […]

Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

John Deaton vows to fight federal CBDC, calls it ’a hill to die on’

John Deaton has discussed his stance on US Federal Reserve CBDCs, regulatory clarity and government accountability in his Senate run.

John Deaton, a prominent voice in the cryptocurrency space, has made his position clear in his run for the United States Senate seat in Massachusetts.

In an interview with Generation Infinity, Deaton discussed his opposition to a US Federal Reserve-issued central bank digital currency (CBDC) and his broader focus on regulatory clarity and government accountability.

Related: SEC crypto ‘overreach’ cost small investors $15B: John Deaton

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

SEC crypto ‘overreach’ cost small investors $15B: John Deaton

According to a popular pro-crypto attorney and Senate candidate, the SEC's overreach into the crypto industry has cost retail investors over $15 billion in losses.

According to a prominent pro-crypto attorney and Senate candidate, the Securities and Exchange Commission’s (SEC) excessive intervention in the cryptocurrency industry has resulted in retail investors losing over $15 billion.

The US securities regulator has often been criticized for its enforcement-heavy regulatory regime over the cryptocurrency industry.

The SEC should be held accountable for its actions, as its “gross overreach” cost investors $15 billion, according to John Deaton, lawyer and Republican US Senate candidate.

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Crypto Super PAC pours $660K into Senate race as US election closes in

With 57 days until the US election, expenditures from Super PACs seem to be heating up in Massachusetts and nationwide.

The Commonwealth Unity Fund, a political action committee (PAC) primarily funded by contributions from the co-founders of Gemini and Ripple Labs, has spent more than $600,000 toward the election of Republican candidate John Deaton in the United States Senate.

According to Federal Election Commission (FEC) records filed on Sept. 6, Commonwealth spent roughly $330,000 on media buys opposing Democratic incumbent Elizabeth Warren in the Massachusetts US Senate race. The Super PAC also spent the same amount on a media placement supporting Deaton.

The media buy marked one of the first significant expenditures from a crypto-backed Super PAC since Deaton won the Republican nomination for the US Senate race on Sept. 3. Backed by crypto industry leaders including the Winklevoss twins and Kraken co-founder Jesse Powell, the Republican candidate seeks to unseat Sen. Warren, who has served as Massachusetts’ Democratic Senator since 2013. 

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Pro-XRP attorney John Deaton wins Republican US Senate primary

The pro-crypto lawyer secured victory in the Massachusetts Republican primary race and will now face off against industry antagonist Elizabeth Warren in November. 

Pro-crypto attorney John Deaton has won the Republican nomination for the U.S. Senate in the Massachusetts primary election and is set to face off against Democratic Senator Elizabeth Warren in November. 

Deaton, a former Marine and outspoken advocate of Ripple (XRP), defeated two other Republican candidates including industrial engineer Bob Antonellis and Quincy city council president Ian Cain to nab the Republican nomination, according to a Sept. 4 report from the Associated Press.

He has secured 64% of votes so far, with just over 43% of the total votes in Massachusetts being counted at the time of publication, according to election tracking data from Politico.

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Super PAC spends $70K on crypto-focused Senate race as primary looms

In November, Massachusetts voters will likely have to choose between incumbent Elizabeth Warren and Republican John Deaton or Ian Cain for the US Senate.

On Sept. 3, voters in Massachusetts will decide which political party candidates will advance to the November general election, a race that could have significant repercussions for the crypto industry.

In the 2024 United States Senate election for Massachusetts, three candidates across party lines have expressed staunch pro- or anti-crypto views, attracting financial support from the industry and criticism from others. According to polls conducted in May, incumbent Democratic Senator Elizabeth Warren was still highly favored above all potential Republican candidates, only one of whom will likely face off against her in November.

A lawyer who has penned many amicus briefs on behalf of crypto firms facing litigation from the US Securities and Exchange Commission, John Deaton has the support of many high-profile figures in the digital asset industry. This includes Ripple, which donated $1 million to a political action committee (PAC) supporting Deaton’s campaign, Gemini co-founders Cameron and Tyler Winklevoss, Kraken co-founder Jesse Powell and Cardano founder Charles Hoskinson.

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements

Lawyer trying to unseat Senator Warren says 82% net worth is in Bitcoin

Attorney John Deaton will face off against two Republican candidates in a Massachusetts primary on Sept. 3.

John Deaton, the lawyer running as a Republican for a United States Senate seat in Massachusetts, said 82% of his net worth is in Bitcoin.

At the Bitcoin 2024 conference in Nashville on July 27, Deaton addressed his campaign against incumbent Senator Elizabeth Warren to a crowd of crypto enthusiasts. After disclosing his Bitcoin (BTC) holdings, the attorney referenced a 2022 interview with the Massachusetts senator, who suggested support for a central bank digital currency, or CBDC.

“I just disclosed to the Federal Election Commission that my net worth, 82%’s in Bitcoin, baby,” said Deaton.

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Goldman Sachs to set up new blockchain venture, targeting faster trading and settlements