Recent actions by the Securities and Exchange Commission risk putting U.S. financial leadership behind, Coinbase CEO Brian Armstrong said on a Twitter live chat today.
Highlights
- Recent actions by the SEC risk putting U.S.
- financial leadership at risk, CEO says.
- The SEC has been a “real outlier” in its opposition to crypto, CEO Brian Armstrong says.
- Armstrong: “We should not be subject to regulation by enforcement like this” The comments came only a day after the SEC issued the crypto exchange a warning notice regarding its staking service, Coinbase Earn and Wallet Wallet.
- The recent action is part of a slew of regulatory warning shots fired against other crypto firms in the U.K.
- Armstrong says his firm’s focus is to obtain “clear guidelines” in the industry.
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