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The Conversation with Dasha Burns

The crypto clash that could reshape finance (with Brian Armstrong)

The Conversation with Dasha Burns

POLITICO

News, Government, Politics

4.01.6K Ratings

🗓️ 5 June 2026

⏱️ 32 minutes

🧾️ Download transcript

Summary

Coinbase CEO Brian Armstrong sits down with Dasha for a wide-ranging conversation on the future of crypto, the growing political influence of the industry, and his vision for a world increasingly shaped by artificial intelligence.  Plus, he responds to JPMorgan Chase CEO Jamie Dimon’s recent attack, after Dimon called him “full of s--t,” and explains why he’s still “a little perplexed” by the personal animosity. Have feedback for the show? Text or leave us a voicemail at 202-643-1536. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

It's about financial inclusion, right?

0:03.3

There's something like 80% of Americans feel that the current financial system's not working for them.

0:08.2

And crypto is this great democratizing force in terms of access to financial services.

0:13.2

Hello, hello, and welcome to the conversation.

0:16.1

I'm Dasha Burns.

0:16.9

And every week on this show, I talk to the most compelling and sometimes unexpected power players in Washington and beyond.

0:23.9

And this week, I sat down with Brian Armstrong, co-founder and CEO of Coinbase.

0:29.9

Coinbase is the largest cryptocurrency exchange in the world.

0:34.0

And Armstrong has become the top crypto lobbyist in Washington.

0:38.3

With that, he's been vocal with his thoughts on how the government should approach regulation.

0:42.3

I think Americans should be able to earn more money on their money.

0:45.3

Banks should have to compete on a level playing field.

0:48.3

And if the American people feel like the banks are not paying high enough interest rates,

0:52.3

and stable coin rewards can offer them more, then maybe the banks should have to pay higher interest rates to compete.

0:57.4

So as the cryptocurrency regulation debate rages on with legislation like the Clarity Act,

1:02.8

I pressed Armstrong on how he sees this fight in his industry playing out.

1:07.2

And folks, it is a fight.

1:09.4

The Clarity Act asks legislators to answer the question,

1:13.2

should crypto and classical banking be regulated in the same way? And it represents the new

1:19.0

battle in the world of finance as crypto comes to Washington looking to compete with the political

1:24.3

power of traditional banking. But before we dig into the world of

1:28.0

crypto, please take a moment to make sure you're subscribed wherever you're watching or listening.

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