Coinbase CEO Brian Armstrong has announced that he has no plans to end staking services, despite pressure from the SEC and US state regulators.
Brian Armstrong, CEO of Coinbase, US Securities and Exchange Commission (SEC) after the lawsuit filed by Bloomberg Investor Conferencespoke in. In Armstrong’s speech, that they will continue their staking services despite the lawsuits and pressures. told.
We will not terminate our staking services. As the court proceedings regarding the cases continue, things really continue as usual.
Armstrong also owns staking services Coinbase. 3% of total net incomeHe talked about how he created it.
Coinbase as well as SEC lawsuit Alabama led by from 10 US states It also faced pressure. Coinbase with staking services by a coalition of 10 US states violates securities laws was accused of. Coinbase’s defense 28 days duration exists.
on the other hand state of New Jersey Although it is a part of the coalition, it has been added to Coinbase due to its staking services. fined $5 million.