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Tag Archives: brian armstrong

Hong Kong’s Crypto Trading Launch Makes Coinbase CEO Question the US Position    

Hong Kong’s position as an upcoming hub of crypto businesses is being increasingly noticed and discussed in the relevant circles. In a tweet, Coinbase CEO Brian Armstrong referred to the city-state to stress that the United States may lose its position as the financial hub of the world for lacking crypto regulations. Armstrong Calls for Regulations “America risks losing it’s status as a financial hub long term, with no clear regs on crypto, and a hostile environment from...

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Coinbase Forced to Release 1,000 More People from Employment

It looks like Coinbase – a popular digital currency exchange in North America – just can’t catch a break. After getting sued by customers and then having to engage in a settlement with the New York Attorney General’s office, the trading platform has announced it’s having to cut another 1,000 jobs to make ends meet. Coinbase Forced to Part Ways with More Staff The crypto space has been doing very poorly. Despite showing signs of early recovery (bitcoin is on the verge of...

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Brian Armstrong: The FTX Fallout Is Far from Over

Despite several bullish predictions for 2023, Brian Armstrong – the CEO of Coinbase – believes it will be some time before the crypto space relieves itself of the drama caused by FTX, and he doesn’t think 2023 will offer the improvement over 2022 that so many analysts are either predicting or hoping for. Brian Armstrong Doesn’t Think 2023 Will Offer Much Improvement FTX will likely go down as one of the biggest blunders of the crypto world. Once considered one of the...

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Brian Armstrong Thinks Coinbase Is Going to Make a Return

Coinbase is a digital currency exchange that has suffered exponentially this year. The digital currency trading platform initially went public on the Nasdaq in April of 2021. Since then, it has seen its stock price crash roughly 80 percent in less than two years, and the fall can largely be attributed to the fact that bitcoin – and many other digital currencies – have been falling like crazy since reaching new all-time highs in November of last year. Coinbase Is...

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Coinbase CEO Calls for Regulation of Centralized Crypto Entities

Coinbase founder and CEO Brian Armstrong, for one, believes that ideal crypto regulations should start with centralized actors since most of the damage to the consumers has been done by these entities. In a recently released “realistic blueprint,” Armstrong highlighted the need to pursue legislation early instead of waiting for something comprehensive and perfect. Regulations should initially focus on centralized actors in crypto, such as – stablecoin issuers, exchanges, and...

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Coinbase CEO Says FTX Clearly Stole User Funds, Rejects Claims of Accounting Error

Coinbase chief slammed crypto exchange FTX over their excuses for an accounting error. Brian Armstrong said that FTX clearly stole customers’ money by moving funds to Alameda Research.After all, what’s transpired in the crypto space with the collapse of crypto exchange FTX, industry heavyweights have weighed in with their opinion. Coinbase chief Brian Armstrong lashed out at FTX founder Sam Bankman-Fried for his handling of customer funds. As we know, SBF has been giving public interviews...

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