Odaily Planet Daily News Coinbase CEO Brian Armstrong pointed out that U.S. SEC Chairman Gary Gensler and Senator Elizabeth Warren are the reasons Democratic candidate Harris lost the 2024 U.S. presidential election. His remarks indicated that the Biden administration's cryptocurrency regulation, led by Gensler and Warren, has undermined the Democratic Party's chances of winning the election. Armstrong stated that the actions of Gensler and Warren have had a negative impact on the cryptocurrency sector, which is supported by the technology industry and young people. The rigid stance on cryptocurrencies, especially under Gensler's leadership, has led many innovators and tech supporters to turn against the Biden administration. (CoinGape)