While commenting on the new Dubai move, Brian Armstrong, CEO of Coinbase, the largest US crypto exchange, also took a step back in his rest against the USA.
Armstrong told CNBC during his visit to Dubai on May 8, US Securities and Exchange Commission (SEC) entered with legal battle As a result, Coinbase moved out of the US. when you say you won’t the stock market has always existed in the country. to pursue will continue, but in the current situation a little more in the background He said he would keep it.
SEC head by Gary Gensler against cryptocurrencies negative implying that he is alone in his attitude, the CEO of the SEC president from editing A lot to restraint He stated that he was working towards
Many of Gensler’s case and that this is for the crypto money industry. useless However, Armstrong said that the lawsuits are a risk for Coinbase. opportunity stated that it might. As a result of the lawsuits, the industry in the regulatory framework Statements that he could move forward were also made by Armstrong. utterances was among.
Dubai Move
Coinbase CEO Armstrong investment in Dubai will do and a office opener announced.
Armstrong, on the other hand, on the regulatory framework of the European Union (EU) And UK to USA much more than positive He stressed that he has an attitude. Besides this UAE’s on cryptocurrencies serious breakthroughs Noting that he has realized with regulatory authorities they talked and investment for suitable whether there is a place they will evaluate expressed. On the other hand, US cryptocurrencies ecosystem for important One to market potential but the regulatory ensuring clarity stressed the need.
Coinbase, in the past weeks USA other than crypto derivative stock market Coinbase International Exchange had started.