Coinbase CEO says leaving US ‘not even within the realm of risk proper now’ — Report

Brian Armstrong, the CEO of Coinbase (NASDAQ:), has reportedly given a blended response about whether or not the cryptocurrency trade plans to go away america amid regulatory uncertainty.

In keeping with an Aug. 4 report from the Monetary Instances, Armstrong stated Coinbase was “staying in america” regardless of many different crypto corporations contemplating leaving the nation over the potential menace of authorized motion from federal regulators. Coinbase presently faces a lawsuit from the U.S. Securities and Alternate Fee, in addition to scrutiny from 10 state regulators, a lot of whom issued stop and desist orders on the trade’s staking providers.

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