Coinbase CEO Brian Armstrong attended the first-ever White House crypto summit and praised President Donald Trump’s efforts to revitalize the industry.

In an interview with Yahoo Finance Senior Reporter Jennifer Schonberger, Armstrong stated,

“President Trump really breathed life back into this industry over the last few years.

We really felt like we were being unlawfully attacked by the prior administration… The president has taken a leadership role here and decided to bring it back to the US, and it’s already having positive results.”

The comments come as the U.S. government explores policies to support digital assets and blockchain innovation. The White House summit signals a shift in regulatory sentiment, with industry leaders welcoming a more pro-crypto stance.

Armstrong’s remarks highlight growing confidence in the U.S. as a competitive hub for crypto firms following years of regulatory pressure.

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