Crypto CEOs Warn of Potential Exodus from US Amid Regulatory Uncertainty

Coinbase CEO Brian Armstrong has said that the crypto exchange would consider moving away from the US if the regulatory environment for the industry does not become clearer. Armstrong compared the UK situation, where there is only one regulator responsible for both commodities and securities, with the US, where there are separate bodies. Armstrong also spoke of decentralized identity as one of the most compelling use cases for blockchain technology beyond cryptocurrency.