Brian Armstrong News

Crypto exchange Coinbase’s stock price will continue to be “weighed down” until regulators establish the legal “rules of the road” in the United States, according to investment analysts from Citi.

Coinbase International Exchange will enable institutional users based in eligible jurisdictions outside of the US to trade perpetual futures, which accounted for nearly 75% of global crypto trading volume in 2022.The move comes as Coinbase locks horns with American regulators. Last month CEO Brian Armstrong said that "anything is on the table" about a potential decision to move the company's headquarters out of the US.Recently, the company also filed a suit against the Securities and Exchange Commission, asking a court to make the regulator respond to a petition from last year on the "rules to govern the regulation" of digital assets.Says a blog on the launch of the new exchange: "Rest assured that Coinbase is committed to the US, but countries around the world are increasingly moving forward with responsible crypto-forward regulatory frameworks to strategically position themselves as crypto hubs.

A Coinbase shareholder has filed a stockholder derivative complaint against some of the company’s executives and board members, claiming they profited from inside information during the company’s public listing. CEO Brian Armstrong and well-known venture capitalists are among the defendants.

America's largest crypto exchange claims the Securities and Exchange Commission (SEC) is pressuring it to overhaul its entire customer-facing operation.

This is Justin Cash, filling in for your regular correspondent Alex Daniel, who is taking a well-earned holiday!

Executives of cryptocurrency exchange Coinbase took their company’s regulatory issues to the public on April 27, with chief legal officer Paul Grewal speaking at Consensus 2023 and appearing with CEO Brian Armstrong in a video released on YouTube.

The United Kingdom is buckling down on its efforts to ramp up the country’s technology sector. Officials released an announcement for funding of a new artificial intelligence (AI) task force. 

The crypto community is calling out the hypocrisy of Gary Gensler, the head of the United States securities regulator, after a 2018 video emerged of him stating that cryptocurrencies are on par with commodities or cash and are not securities.

The SEC did not provide a public response but has since taken a tougher stance on the crypto sector, taking action against several firms and sending a Wells Notice to Coinbase itself in connection with the exchange’s listing of potential unregistered securities. In recent days Coinbase CEO Brian Armstrong has expressed his frustration with the regulatory regime and publicly flirted with the idea of moving the firm's headquarters out of the US.Now, Coinbase has filed an action to "compel the SEC to respond yes or no to our July 2022 petition asking the SEC to use its formal rulemaking process to provide guidance for the crypto industry," says chief legal officer Paul Grewal in a blog.Continues Grewal: "From the SEC’s public statements and enforcement activity in the crypto industry, it seems like the SEC has already made up its mind to deny our petition.

Coinbase has asked a court to compel the Securities and Exchange Commission to respond to its July 2022 petition that asked for clearer crypto regulation guidelines.

Bitcoin has been experiencing a significant drop in value over the past few weeks, causing many investors and analysts to speculate about the future of the cryptocurrency market. As the world's largest digital currency, Bitcoin has a significant impact on the broader cryptocurrency market, and its movements are closely monitored by traders and investors.

Regulators in the United States have choked out the cryptocurrency sector to the point of death according to Bitcoin (BTC) bull and billionaire tech investor Chamath Palihapitiya.

According to former Department of State official Anja Manuel, if the United States isn’t able to maintain its dominance in financial innovation and payments, it could affect its national security policy, specifically on sanctions.

Coinbase CEO Brian Armstrong has voiced concerns over the lack of regulatory clarity in the United States, a development that has fed into increasing questions about the future of cryptocurrencies in the country.

crypto firms will develop «offshore,» the chief executive of major U.S. crypto exchange Coinbase Global Inc said on Tuesday.

The advent of blockchain technology has revolutionized several industries, ranging from finance (DeFi) and gaming (GameFi) to Web2 brands such as Nike for digital fashion and Starbucks for Web3 customer loyalty. However, one area that has remained essentially unchanged is physical infrastructure.

Coinbase CEO Brian Armstrong has indicated that the exchange could leave the US if regulators don't clarify their approach to the digital asset space. 

The United Kingdom could lay out digital asset regulation within 12 months a British lawmaker claimed, saying the country wants to capitalize on the benefits that blockchain can bring to the private sector and economy.

Bitcoin has managed to climb back to the $30,000 level following a 24-hour low of $29,100, signaling what many crypto traders hope is a continued uptrend that may solidify a wider bull market trend in the crypto markets.

Coinbase (COIN), the largest U.S.-domiciled crypto exchange by trading volume, could leave the U.S. if regulators don't clarify their approach to cryptocurrencies, CEO Brian Armstrong said.

United States cryptocurrency exchange Coinbase is gearing up for a lengthy legal battle with the Securities and Exchange Commission (SEC) after the regulator warned the company of potential securities law violations, CEO Brian Armstrong told CNBC in an interview on April 18.