1/ Starting today, Coinbase will begin integrating our crypto policy efforts right into our app. These will help our 103M verified users get educated on the crypto positions held by political leaders where they live.
2/ For instance, U.S. users can see crypto sentiment scores from members of congress based on publicly available statements they've made, register to vote, and find out about local town hall events.
3/ Over time, we want to help pro-crypto candidates solicit donations from the crypto community (in crypto). We'll also expand to get more geographic coverage in global elections, and add data on various candidates running for office (not just current elected officials).
4/ Some of the publicly available data backing this comes from an organization we helped support, called the CryptoActionNetwork. cryptoactionnetwork.org/scorecard. This scorecard is the first of its kind and a new tool for the crypto community to learn about their elected officials.
5/ Crypto advocacy is very important for our mission of increasing economic freedom in the world, and Coinbase will do its part to help. But the crypto community is much bigger than Coinbase - hopefully we can all rally to engage elected leaders and drive sensible policies.
6/ The crypto community is becoming an increasingly large constituent. You can read about our broader education initiative here.

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More from @brian_armstrong

Sep 8
1/ Coinbase is funding a lawsuit brought by six individuals challenging the Treasury's sanction of the Tornado Cash smart contracts. blog.coinbase.com/defending-priv…
2/ We support the Treasury sanctioning bad actors and have worked closely with law enforcement to help bring many bad actors to justice. But the Treasury's actions in this case hurt many law-abiding citizens in addition to a few bad actors, and we believe exceeds their authority.
3/ The issue is that Treasury has the authority from Congress only to sanction a person or their property, not an entire technology as they've done in this case.
Read 9 tweets
Aug 3
In Mar 2020 I announced Coinbase was going "remote first". This is what it now looks like in the US where we now have employees in almost every state. (each red dot represents a region where we have at least one employee)

And similarly, we've built an amazing team globally. Not just for international expansion, but building many of our key products as well.
Reminder: remote-first means you can come in to an office if you want (we keep office space in a number of locations), but you're not required to. We also try to get teams together in person periodically to maintain connection.
Read 4 tweets
Jul 21
1/ At Coinbase, we actively monitor for illegal activity and investigate any alleged misconduct. In April, we received information about possible frontrunning of assets shortly before being listed on Coinbase. We immediately launched an investigation into this.
2/ As a result of our investigation we identified 3 suspects and provided this information to law enforcement. One person was a Coinbase employee who we terminated. Today, the DOJ has criminally charged this former employee and the two other individuals for this abusive conduct.
3/ I want to thank our Legal, Security, Special Investigations, and Global Intelligence teams for their quick action and work on this. We appreciate the DOJ’s recognition of our help in holding these individuals accountable. justice.gov/usao-sdny/pr/t…
Read 4 tweets
Jul 15
A number of people have asked me how Coinbase wins in this environment, and turns it into an opportunity for growth.

Here's my answer:
1. Well capitalized.
In past downturns we pulled ahead and consolidated share, staying focused while others got distracted. Downturns make the best companies even stronger, and this one will be no exception for us.
2. Integrated product suite
There will be many winners in crypto, but Coinbase is one of the only places where you have one crypto account, and do every sort of crypto activity: trade, stake, pay, borrow, create etc.
Read 9 tweets
Jun 10
1/ This is really dumb on multiple levels

2/ First of all, if you want to do a vote of no confidence, you should do it on me and not blame the execs. Who do you think is running this company? I was a little offended not to be included :)
3/ Second, if you have no confidence in the execs or CEO of a company then why are you working at that company? Quit and find a company to work at that you believe in!
Read 16 tweets
May 16
Our self custodial wallet, @CoinbaseWallet has come a long way.

It’s now the most downloaded mobile self-custody wallet in the US. And you don't have to migrate anything over to use it - the same seed phrase can be used across multiple wallets. Here’s some highlights 🧵
1/ Let’s start with trading. Live price charts, combined with seamless DEX trading powered by the @0xproject API make it easy to access thousands of tokens.

The DEX feature supports trading on Ethereum, Polygon, BNB Chain, and Avalanche.
2/ Speaking of networks, Wallet has best-in-class multi-chain support. Wallet “just works” on the top EVM chains like Arbitrum, Optimism, Avalanche, Polygon etc. No need to manually enter token addresses, RPC codes, block explorers.
Read 10 tweets

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