Tag Archives: brian armstrong

The crypto community has left no stone unturned in lambasting the US Securities and Exchange Commission (SEC) and, more importantly, its Chief Gary Gensler. The latter’s actions were dissented by members of his own agency. Gensler even received political pushback for his actions. But the SEC boss continued to defend the crackdown on digital assets markets, saying he had never seen an industry so routinely break securities laws. SEC Approach of Regulation by Enforcement As...

Coinbase received its license to operate in Bermuda on April 19th. The action was taken to keep up with the company’s campaign for “global scale to go broad and deep”. Coinbase plans to launch a coastal derivatives exchange in the next week, after it acquired a license to function in Bermuda from the Bermuda Monetary Authority. Coinbase applauded Bermuda as an excessively reputed and professional financial regulator in its announcement. Coinbase had long been looking to inaugurate an...

Brian Armstrong – Chief Executive Officer of Coinbase – thinks US and UK-based cryptocurrency entities could relocate to other countries if the domestic watchdogs do not implement proper legislation on the industry.  He also hinted that his exchange might consider such a move should the regulatory situation in the States remains the same. ‘Anything is on the Table’ According to Armstrong, the American and British authorities should enforce appropriate crypto rules to prevent...

Coinbase Global shares have gained more than 91 percent YTD to trade around $69.72 on Tuesday amid Bitcoin’s 2023 pump. Coinbase Global Inc (NASDAQ: COIN) was served a Wells notice from the US Securities and Exchange Commission (SEC) for an undefined portion of its listed digital assets, Coinbase Earn, Coinbase Prime, and Coinbase Wallet. With several other top centralized exchanges including Bittrex and Binance under the SEC’s radar, Coinbase Global has begun exploring global options,...

Though the Coinbase CEO is very clear in his support for ChatGPT, many other tech leaders blatantly disagree with him. Brian Armstrong, the Chief Executive Officer (CEO) of American publicly traded crypto exchange Coinbase Global Inc (NASDAQ: COIN) has come out to kick against the call to stop the development of ChatGPT, the chatbot developed by OpenAI. Armstrong took to his Twitter page to dissociate himself from the call for the halt as he noted that for advancement to be made, fear must...

Armstrong believes the future of crypto can best be moved forward when more pro-crypto lawmakers are at the helm of affairs. Brian Armstrong, the Chief Executive Officer of American publicly listed trading platform, Coinbase Global Inc (NASDAQ: COIN) has advocated for more inclusive representation of pro-crypto individuals in US politics. Speaking in a Twitter Spaces event Armstrong admonished crypto proponents to “contact their congressman, donate to pro-crypto candidates, show up at town...

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Brian Armstrong – the man in charge of Coinbase, arguably the biggest and most popular digital currency exchange in the United States – has warned that the Securities and Exchange Commission (SEC) is likely to crack down on a process called staking, which could wind up hurting tokens such as ETH. Coinbase Says No Staking Could Be Devastating In a recent statement, Armstrong said that should the SEC decide against the practice of staking for retail investors, this could...

In a post-FTX world, it’s really hard being a crypto executive. Not only are your bags empty and revenues down, but you also have United States financial regulators breathing down your neck with subpoenas one day, and lawsuits the next. It’s understandable, then, why industry leaders like Brian Armstrong may wish to present themselves to both media and authorities with their state-worshipping foot forward.  As the CEO of Coinbase – America’s largest crypto exchange – one...

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