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Brian Armstrong, the CEO of Coinbase, confirmed that the crypto exchange is “looking into” adding the Bitcoin (BTC) Lighting network in its quest to spread crypto payments adoption across the globe.On July 28, Armstrong addressed the crypto community on Twitter (rebranded to X), highlighting the potential of cryptocurrencies to improve
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase CEO Brian Armstrong will meet with a bipartisan group of US House of Representatives on July 19 to discuss proposed new laws about digital assets. The US Securities and Exchange Commission (SEC) has filed a lawsuit
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The meeting will concern "digital-asset legislation and related issues including tax, national security, privacy and climate," the report said. Recently, lawmakers from the House and Senate have introduced separate bills in an attempt to bring clarity to crypto regulation, though the reality of a divided Congress means it's unclear whether
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While 19.3% answered Armstrong’s query “no,” a whopping 9%, which would translate into roughly 1,200 people given there were 13,746 respondents to the question as of press time, said “yes.” The rest didn’t participate in the poll but were solely interested in seeing the results. Source
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Coinbase will work to become a “super-app” over the next 5 to 7 years. Coinbase CEO Brian Armstrong has not let the recent regulatory pressure from the US Securities and Exchange Commission (SEC), get to him. This follows after the SEC recently slammed the exchange with a damning lawsuit that has
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The SEC accused Coinbase, one of the largest crypto exchanges in the world, of operating as an unregistered broker, exchange and clearing agency at the same time, soliciting customers, handling orders, allowing for bids and acting as an intermediary all at once, in violation of federal securities laws. Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In an interview with Bloomberg, Coinbase CEO Brian Armstrong candidly outlined the challenges and complexities his company has faced in its compliance with regulations in the U.S. According to industry insiders, in the world of cryptocurrency, it
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Armstrong insisted Coinbase would not be at risk of a bank-run-like rush of withdrawals similar to those some of its peers have suffered. “All the funds are backed one-to-one, and you don't have to take our word for it,” Armstrong said. “As a public company, we have auditors … who
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Coinbase CEO believes China might be looking to directly displace the US dollar from its role in global commerce. Coinbase CEO Brian Armstrong has recently shared his thoughts on cryptocurrencies and the approach of the United States toward the special asset class. He admits that recent happenings around the world of
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United States-founded cryptocurrency exchange Coinbase has no plans to move its operations out of the U.S., CEO Brian Armstrong told investors in an Q1 earnings call. On May 5, Armstrong assured shareholders the firm is “100% committed” to the U.S. market over the long term despite regulatory uncertainty in the
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