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Saturday, May 18, 2024
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HomeFinanceCoinbase CEO says leaving US ‘not even within the realm of chance...
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Coinbase CEO says leaving US ‘not even within the realm of chance proper now’ — Report

Brian Armstrong, the CEO of Coinbase (NASDAQ:), has reportedly given a blended response about whether or not the cryptocurrency trade plans to go away the US amid regulatory uncertainty.

In keeping with an Aug. 4 report from the Monetary Occasions, Armstrong mentioned Coinbase was “staying in the US” regardless of many different crypto corporations contemplating leaving the nation over the potential menace of authorized motion from federal regulators. Coinbase presently faces a lawsuit from the U.S. Securities and Change Fee, in addition to scrutiny from 10 state regulators, lots of whom issued stop and desist orders on the trade’s staking providers.

Proceed Studying on Coin Telegraph

See also  Prime Layer 1 Crypto Alternatives: BlockDAG’s $25.7M Presale, Bitcoin Value, & Dogecoin’s Cost Alternatives
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