Coinbase CEO reaffirms commitment to US despite regulatory challenges.

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Source: The Daily Hodl
Coinbase CEO reaffirms commitment to US despite regulatory challenges.
Photo: The Daily Hodl
TL;DR Summary

Coinbase CEO Brian Armstrong says the firm is committed to making things work at home in the US despite the current anti-crypto regulatory crackdown. The exchange recently received a Wells Notice from the SEC warning of a potential coming enforcement action against the company for alleged violation of securities laws. Armstrong says Coinbase is setting its eyes on expanding overseas following the recent launch of Coinbase International Exchange, which targets non-US institutional clients. The CEO says he’s ultimately optimistic that US officials will eventually “get it right” in regards to crypto regulation.

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