Coinbase execs weigh in on the crypto’s future in US amid regulatory scrutiny
Coinbase was issued a Wells notice from the U.S. Securities and Exchange Commission on Wednesday, and executives from the company took to Twitter Spaces to discuss the decision and what Coinbase’s next steps will be to make legal frameworks for the crypto world.
“Regulators should come up with the rules, tell everybody the rules and we follow them,” CEO Brian Armstrong said during the conversation. “The current laws are not clear and we would like to get more clarity.”
Per a Coinbase SEC filing, the government agency’s staff has “advised the Company that it made a ‘preliminary determination’
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