Coinbase could relocate from the US if no regulatory clarity, says CEO
Key takeaways Coinbase’s CEO has revealed that the crypto exchange could relocate if there is no regulatory clarity in the United States. Brian Armstrong said the US has the potential…
VanEck CEO says Bitcoin is like an ‘eight-year-old child’: here’s why
Jan van Eck sees a several year bull cycle in Bitcoin. He explained why in a recent interview with CNBC. Bitcoin is already up 70% versus the start of the…
Coinbase CEO says SEC’s notice wasn’t entirely unexpected
Coinbase disclosed a Wells Notice from the US Securities and Exchange Commission (SEC). A Wells Notice usually comes before an enforcement action. Coinbase CEO Brian Armstrong says the company isn’t…
The US government needs to provide a clear regulatory framework for crypto, says Coinbase’s CEO
Brian Armstrong believes that the US government needs to provide a clear regulatory framework for cryptocurrencies. He added that offshoring crypto hurts the American financial system. Armstrong argues that the…
Crypto regulation needs to be more transparent, Blockchain Association CEO says
Kristin Smith, CEO of crypto industry group Blockchain Association is optimistic of crypto regulation this year. She notes that crypto enforcement actions and settlements have been “behind closed doors” affairs.…
Binance CEO says the stablecoin landscape is shifting
The market cap of Binance USD (USD) stablecoin has declined by $2.45 billion. Over $2.37 billion has moved from BUSD to Tether (USDT). USD Coin (USDC) has also seen its…
ARGO token ticks higher as Peter Wall resigns as CEO of Argo
Peter Wall resignation is the second after the Argo Blockchain acquisition by Galaxy Digital. Peter Wall will remain an adviser to Argo to support the transition. Argo has been conducting…
SEC could scrap crypto staking, Coinbase CEO reveals
Coinbase CEO Brian Armstrong tweeted saying The SEC could ban crypto staking Armstrong however said that crypto staking is an essential innovation in crypto. The revelation was met with criticism…
JPMorgan CEO says Bitcoin is ‘a hyped-up fraud’
JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”. On Thursday, he told CNBC’s Squawk Box that crypto is a decentralised Ponzi scheme and that Bitcoin is just…
Coinbase lays off 950 employees, CEO says the exchange is well capitalized
The exchange wants to reduce operating costs by 25%. It is the second crypto exchange after Huobi to confirm layoffs in 2023. Coinbase CEO has however confirmed that the exchange…