Thursday , March 28 2024
Home / Tag Archives: brian armstrong (page 3)

Tag Archives: brian armstrong

Coinbase CEO Brian Armstrong Calls for Voting in Favor of FIT21

The rapidly changing digital asset landscape has resulted in a flexing of regulatory muscles between different watchdogs in defining terms and drawing lines of authority. This is especially true in the case of the United States where the SEC and CFTC are engaged in a turf war over regulatory oversight of the space. But this conflict could come to an end soon with the help of FIT21. Weeks after the historic verdict on the Ripple vs. SEC case, the US is waiting for the approval...

Read More »

Coinbase CEO to Meet US House Democrats on Crypto Legislation: Report

Brian Armstrong, the chief executive officer of America’s largest cryptocurrency exchange Coinbase, will privately meet with Democrats from the House of Representatives on Wednesday morning. According to a Bloomberg report, Democratic aides disclosed that the meeting would focus on crypto legislation and related issues like taxes, privacy, and national security. Coinbase CEO to Meet With House Democrats The closed-door gathering will be with lawmakers from the New Democrat...

Read More »

UK Passes Legislation to Support Safe Adoption of Crypto Assets Post Brexit

The UK government wants to adopt the nascent crypto asset industry to enable exponential growth to its economy away from the Brussels shackles. Having successfully secured its independence from the European Union through Brexit, the United Kingdom (UK) continues to reorganize its internal policies to attract international investors and streamline bilateral trade. In the latest developments under the leadership of Prime Minister Rishi Sunak, the UK government announced the Financial...

Read More »

Coinbase CEO Explains Why SEC Legal Battle “Isn’t Good For America”

Coinbase CEO Brian Armstrong spoke at length on Wednesday about his initial reaction to the Securities and Exchange Commission (SEC)’s lawsuit against his exchange. The executive responded to SEC Chairman Gary Gensler’s claims about the market not needing more “digital currency,” and debated whether the SEC is acting in good faith.  An Avalanche of Currencies In an interview with CNBC’s Squawk Box, Armstrong argued that Gensler was in no position to be “picking and choosing”...

Read More »

Coinbase CEO Raises Concern about Crypto, Says It’s Matter of National Security

Coinbase CEO believes China might be looking to directly displace the US dollar from its role in global commerce. Coinbase CEO Brian Armstrong has recently shared his thoughts on cryptocurrencies and the approach of the United States toward the special asset class. He admits that recent happenings around the world of cryptocurrency have made it necessary for policymakers to be more hostile toward crypto. However, he also says that America should not lose sight of the fact that crypto may...

Read More »

Coinbase to Expand to Singapore as US SEC Denies Answerability

The firm also conducted a survey recently to asses the constructive stance of policymakers towards crypto and Web3 in Singapore. Crypto exchange Coinbase is looking into relocating to Singapore as the United States Securities and Exchange Commission rejects the company’s requests for regulatory clarity. The US SEC recently asked the judge to deny Coinbase’s bid to coerce the agency to answer Coinbase’s rulemaking petition. The petition was submitted last year asking for clarity on how...

Read More »

SEC Disclosure Reveals High Security Bill for Coinbase’s CEO Brian Armstrong

Amidst regulatory tussle, an SEC disclosure revealed an expensive bill for Coinbase CEO Brian Armstrong’s security benefits. The exec was granted security benefits of $6.3 million last year, representing more than triple the amount his security cost Coinbase the previous year. According to the public document, Armstrong’s total compensation for the whole of 2022 was $7.5 million, and received a flat salary of $1 million, while the remaining can be characterized as security...

Read More »