Brian Armstrong, CEO of Coinbase, Believes Crypto Will See More Regulation in the U.S.

Coinbase CEO Brian Armstrong believes that banning retail crypto staking withinside the United States might be a horrible flow via way of means of the country's regulators.

Armstrong, who's additionally the chairman of Coin Center, an industry-linked suppose tank, stated in an interview with CNBC on Wednesday that he thinks it's enormously critical that crypto staking stays felony withinside the U.S. He additionally referred to that he thinks it'd be a terrible concept to prohibit such sports altogether.

I don't suppose we have to ban anything, Armstrong stated. I suppose in case you study what passed off with bitcoin coins, it became truely an excellent factor as it confirmed how critical this area goes to be for mainstream adoption in our society and I suppose we were given over a number of the noise approximately whether or not or now no longer bitcoin coins became a rip-off or now no longer.