Crypto:
32205
Bitcoin:
$87.372
% 3.41
BTC Dominance:
%59.4
% 0.58
Market Cap:
$2.92 T
% 1.15
Fear & Greed:
88 / 100
Bitcoin:
$ 87.372
BTC Dominance:
% 59.4
Market Cap:
$2.92 T

Coinbase CEO Brian Armstrong Slams SEC Chairman

Coinbase

Coinbase CEO Brian Armstrong has argued that the incoming SEC chairman should apologize to the American people for the damage the SEC has done to the crypto industry. Armstrong noted that the SEC has taken conflicting stances on whether digital assets are securities and its authority to regulate crypto exchanges. According to him, the new SEC chairman should drop the “baseless” lawsuits and begin to rebuild trust.

Coinbase

Armstrong has also supported Senate candidates known for their pro-crypto stances as the US elections approach. These names include former Bridgewater Associates CEO David McCormick, who is running in Pennsylvania, and crypto advocate attorney John Deaton, who is running against Elizabeth Warren in Massachusetts. Armstrong warned crypto investors in Massachusetts that Warren supports SEC Chairman Gary Gensler and is trying to end the crypto industry in the US.

Might interest you: What is BabyDoge?

However, Armstrong has not supported any presidential candidate so far.


You can join our Telegram channel to not miss the news and stay informed about the crypto world.

Rate this post
READ:  Why Ethereum Price is Up Today? 23 August 2024

Leave a Reply

Your email address will not be published. Required fields are marked *