FTX Crisis an ‘Opportunity’ for US to Clarify Crypto Regulations: Coinbase CEO

[Google News Bot]

Coinbase founder and CEO Brian Armstrong wants U.S. lawmakers to respond to FTX’s liquidity crisis by stepping up and leading the global race to regulate crypto, according to a new interview with CNBC. Armstrong said that “Coinbase has actually been a big advocate” for regulation in the United States and contrasted the approach of his exchange with the one taken by the Bahamian-headquartered “offshore exchange” FTX. He added that FTX “is not representative of every company in crypto” and touted Coinbase as having taken a “very different strategy” towards regulatory co ...

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