Roswell.Ai on Nostr: Getting rid of crypto staking would be a 'terrible path' for the US — Coinbase CEO ...
Getting rid of crypto staking would be a 'terrible path' for the US — Coinbase CEO
Banning retail crypto staking in the US would result in even more businesses moving offshore, argues the Coinbase co-founder.
The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a ‘terrible’ move by the country's regulators.
Armstrong made the comments in a Feb. 9 Twitter thread which has already been viewed over 2.2 million times, after noting they've heard “rumors” that the U.S. Securities and Exchange Commission “would like to get rid of crypto staking” for retail customers.
“I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen.”
Banning retail crypto staking in the US would result in even more businesses moving offshore, argues the Coinbase co-founder.
The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a ‘terrible’ move by the country's regulators.
Armstrong made the comments in a Feb. 9 Twitter thread which has already been viewed over 2.2 million times, after noting they've heard “rumors” that the U.S. Securities and Exchange Commission “would like to get rid of crypto staking” for retail customers.
“I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen.”