Coin

<ul class="news-points"> 
 <li><strong>Brian Armstrong commented that the US is squandering its lead crypto position.</strong></li> 
 <li><strong>The Coinbase CEO attributed the US crypto’s falling condition to SBF’s fraud charges.</strong></li> 
 <li><strong>Armstrong added that only the introduction of sensible regulations could help the nation recover from the crisis.</strong></li> 
</ul> 
<p>Brian Armstrong, an American business executive and CEO of <a href="https://coinedition.com/coinbase-exchange-review/" target="_blank" rel="noreferrer noopener">the leading crypto exchange Coinbase</a>, in response to an <a href="https://www.japantimes.co.jp/news/2023/06/26/business/financial-markets/japan-crypto-us-turmoil/" target="_blank" rel="nofollow">article</a> that addressed the enduring crypto winter in the US, commented that the nation is “squandering” the early crypto lead. Armstrong further claimed that the US’ losing crypto precedence has been partially a consequence of the allegations of <a href="https://economictimes.indiatimes.com/tech/newsletters/ettech-unwrapped/the-charges-against-sam-bankman-fried/articleshow/96291697.cms?from=mdr" target="_blank" rel="nofollow">fraud</a> against Sam Bankman Fried, the ill-famed CEO of the crypto firm FTX.</p> 
<p>In a recent tweet, the Coinbase CEO shared his perspectives on the fall of the US in crypto:</p> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">The U.S. is squandering an early lead, in part because SBF embarrassed some politicians and regulators who now want to look tough on crypto. Pretty much everyone else has moved on though, and FTX is not really discussed in UK, UAE, etc.<br><br>The way to solve it is just get sensible… <a href="https://t.co/8HAeWiB7Mi" target="_blank" rel="nofollow">https://t.co/8HAeWiB7Mi</a></p>— Brian Armstrong 
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f6e1.png" alt="🛡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@brian_armstrong) <a href="https://twitter.com/brian_armstrong/status/1673466030608510977?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">June 26, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> …
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<p>The post <a rel="nofollow" href="https://coinedition.com/coinbase-ceo-signals-the-need-for-sensible-crypto-regulations/">Coinbase CEO Signals the Need for Sensible Crypto Regulations</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

Coinbase CEO Signals the Need for Sensible Crypto Regulations

Coin Edition

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