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Coinbase CEO: Big banks are trying to 'kill the competition' through crypto regulation

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10 hours ago

Coinbase CEO Brian Armstrong revealed why the cryptocurrency giant chose to withdraw support for a key Senate crypto bill during an interview on "Mornings with Maria.""It just felt deeply unfair to me that one industry [banks] would come in and get to do regulatory capture to ban their competition," Armstrong told FOX Business. "They should have to compete on the level playing field, and I genuinely believe that."Armstrong told FOX Business anchor Maria Bartiromo "much of the industry" shares Coinbase’s concerns with the legislation, saying he felt an obligation to stand up for customers, whom...

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10 hours ago
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