
Coinbase hires top political strategist as crypto industry flexes its newfound political might
Top Democratic strategist David Plouffe is joining Coinbase as an adviser as the cryptocurrency exchange broadens its political reach. Plouffe was a senior adviser on Kamala Harris’ 2024 presidential campaign and was an architect of Barack Obama’s winning 2008 presidential campaign. Plouffe joins a global advisory council that also includes former U.S. senators and a co-campaign manager of Donald Trump’s 2024 Republican presidential campaign. The high-profile council comes as Coinbase helps lead on pushing crypto-friendly legislation through Congress. The Senate voted Wednesday to advance legislation that would help legitimize the cryptocurrency industry. Trump addressed Coinbase’s policy conference in New York on Thursday, saying it’s an “exciting time” for the industry.