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Coinbase CEO Brian Armstrong, who has been involved in a consequential lawsuit with the US SEC, has once again emphasized the importance of sensible crypto regulations. In a recent tweet, Armstrong argued that the US is squandering its opportunity to take an early lead in the crypto industry, partially due to the FTX&#39;s sudden collapse, which shook the crypto market last year.As per Armstrong’s tweet, the reason for the falling US crypto space is that the US regulatory authorities are still assessing the crypto industry through the lens of FTX&#39;s CEO Sam Bankman-Fried (SBF) and his large-scale mismanagement of customer funds.Armstrong mentioned in his tweet that while other countries forge ahead with fresh strategies, the US appears entangled in the aftermath of the FTX collapse.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/2fd784c8936d417e85e3dde1a79a0dcb.png" />Armstrong’s statement was prompted by a <a href="https://twitter.com/giancarloMKTS/status/1673458492609556480" rel="noopener noreferrer nofollow">tweet</a> from former CFTC chairman, Chris Giancarlo. Giancarlo shared a photo of the Japan Times newspaper with the headline &#34;Crypto tumult in US may be boon for Japan.&#34; He explained that the headline accurately reflects the discussions taking place in the Asia-Pacific (APAC) region about stringent US crypto policy.Read full article at <a href="https://cryptotale.org/coinbase-ceo-calls-for-sensible-crypto-regulations-in-the-us/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Coinbase CEO Calls for “Sensible” Crypto Regulations in the US

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