TechFlow news — On December 12, Coinbase CFO Alesia Haas said at the Nasdaq London Investor Conference on Wednesday that 52 million Americans currently own or trade cryptocurrency. She expects this number to grow further, particularly due to digital asset holders helping elect a cohort of new U.S. congressional members in November who hold "very pro-crypto" positions.
Haas stated that Coinbase is highly optimistic that a new U.S. administration supportive of crypto will deliver regulatory clarity and comprehensive cryptocurrency legislation, which would enable "growth across the entire industry."
She also noted that regulatory clarity would "unlock" innovation, banking relationships, and new capital inflows. Currently, adoption among both institutional and retail users on the Coinbase platform is significantly higher.
