) is pushing lawmakers to do more to regulate the crypto industry. Armstrong, along with other crypto leaders, are part of the"Stand with Crypto Alliance." The group went to Capitol Hill on Wednesday to advocate for regulations for the industry. Armstrong says that"a massive constituency" owns crypto assets, and a number of those individuals are"unhappy" with the U.S. because it's lagging behind on crypto regulations.
"There's a general consensus and understanding from both sides of the aisle that this is an important issue," Armstrong said, cautioning however that politics can be"messy," though the industry can be"flexible.