Coinbase CEO Brian Armstrong has made an impassioned criticism of the U.S. Securities and Exchange Commission (SEC), calling for widespread changes at the government agency. Armstrong hit out at the uncertainty caused by the SEC due to its inconsistency over crypto regulation, with many companies and representatives left uncertain about compliance requirements. This has been a direct impediment to progress for the sector in the States. He also stated there should be a shake-up in the leadership of the body, for the next chair of the agency to dismiss “frivolous” cases and even to apologize for the damage caused to the American crypto industry. The next SEC chair should withdraw all frivolous cases, and issue an apology to the American people. It would not undue the damage done to the country, but it would start the process of restoring trust in the SEC as an institution.
Coinbase Boss Armstrong Blasts Sec, Calling For Crypto Apology And Change
Graeme Hanna, ReadWriteWeb
Tue, 10/29/2024 - 12:22pm
Topics: coinbase ceo brian armstrong u.s securities exchange commission sec states brian_armstrong october armstrong s chair gary gensler binance united arab emirates uae el salvador hong kong sec commissioner mark uyeda gensler s fox business image midjourney readwrite armstrong brian armstrong in coinbase a armstrong sec u.s x sec american october armstrong bitcoin uyeda uyeda digital leadership agency assets cases contracts reverse regulation progress left caused companies frivolous stated disaster post damage years
BING NEWS:
- Coinbase boss Armstrong blasts SEC, calling for crypto apology and change
Coinbase CEO Brian Armstrong has made an impassioned criticism of the U.S. Securities and Exchange Commission (SEC), calling for widespread changes at the government agency.
10/29/2024 - 8:55 am | View Link - Coinbase CEO Slams SEC, Calls for Apology From Next Chair
Coinbase CEO Brian Armstrong has called for the next SEC chair to tender an apology for the agency's inconsistent regulatory approach.
10/29/2024 - 4:19 am | View Link - Coinbase CEO Brian Armstrong Says Next SEC Chair Should Apologize For The 'Damage Done To The Country' By 'Frivolous' Lawsuits
Coinbase Inc. COIN CEO Brian Armstrong on Tuesday expressed that the next head of the U.S. Securities and Exchange Commission (SEC) should issue a public apology to Americans for the harm the agency ...
10/29/2024 - 3:50 am | View Link - Coinbase CEO Blasts SEC, Urges Next Chairman to Withdraw Cases and Apologize to American Citizens
Coinbase CEO Brian Armstrong urges the next SEC chairman to withdraw frivolous cases and apologize to the public. He criticizes the SEC's inconsistent statements on digital assets. He claims an ...
10/29/2024 - 12:26 am | View Link - More
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