In a recent post on the X platform, Coinbase senior software engineer Yuga Cohler stated, “With the Democratic Party in disarray, we are approaching a critical point where cryptocurrencies will have the greatest political impact in the United States. The Democratic Party has been misled by Elizabeth Warren and others, launching an unpopular and ineffective war against cryptocurrencies, which will cost them thousands of votes in key swing states. If the Democratic Party truly wants to avoid a devastating defeat in November, they must quickly and thoroughly change their stance on cryptocurrencies. They should immediately cease enforcement and regulatory strategies, work towards bipartisan improvements and pass the FIT 21 bill, and repeal SAB 121. Meanwhile, the Republican Party has already expressed its support for cryptocurrencies.”