Coinbase CEO Brian Armstrong has condemned a rumor that the SEC is looking to “get rid of” retail crypto staking in the US, suggesting it would be a “terrible path” for the country.
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.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.” Armstrong did not share where the rumors originated from but continued to note that staking was “a really important innovation in crypto.” “Staking brings many positive improvements to the space, including scalability, increased security, and reduced carbon footprints,” he added.
2/ Staking is a really important innovation in crypto. It allows users to participate directly in running open crypto networks. Staking brings many positive improvements to the space, including scalability, increased security, and reduced carbon footprints.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
First Mover Asia: Bitcoin Hovers Near $23K; Why AI Tokens Are on a Months-Long TearBitcoin held its recent support near $23K as investors continued to mull jobs data and the Federal Reserve's possible monetary path forward; Surging institutional investment is behind recent AI price gains. JPRubin23 and shauryamalwa write
Baca lebih lajut »
Former Coinbase manager slams SEC in motion to dismiss insider trading caseTen attorneys from five law firms signed a motion to dismiss an insider trading case brought forward by the SEC against two brothers saying the regulator is “wrong” and has no government authorization.
Baca lebih lajut »
Former Coinbase Manager Pleads Guilty to Insider Trading Charges: ReutersA former Coinbase manager arrested on insider trading charges has changed his 'not guilty' plea to 'guilty' during a Tuesday hearing. iamsandali reports
Baca lebih lajut »
Former Coinbase Exec Pleads Guilty to Insider Trading: ReportThe former Coinbase employee has changed his stance after initially pleading not guilty.
Baca lebih lajut »