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Published 1 year ago

Coinbase CEO Frets Over 'Rumors' Of US SEC Getting Rid Of Retail Crypto Staking - Coinbase Global (NASDAQ:COIN)

Summary by Ground News
The SEC is considering a ban on cryptocurrency staking for retail customers in the U.S. Staking is the process of owners of cryptocurrencies depositing the tokens back into a blockchain to receive rewards. It is central to validating “proof-of-stake” (PoS) blockchains such as Ethereum.

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BenzingaBenzinga

Coinbase CEO Frets Over 'Rumors' Of US SEC Getting Rid Of Retail Crypto Staking - Coinbase Global (NASDAQ:COIN)

Coinbase Global Inc (NASDAQ: COIN) CEO Brian Armstrong expressed concerns over hearing rumors about the U.S. Securities and Exchange Commission getting “rid” of cryptocurrency staking in the United States for retail customers. What Happened: Armstrong said in a Twitter thread that he believes this would be a “terrible path for the U.S. if that was allowed to happen.” 1/ We're hearing rumors that the SEC would like to get rid of crypto staking in…

1 year ago·New York, United States
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Financial PostFinancial Post

Coinbase CEO Armstrong Decries Rumors of Possible US SEC Ban on Crypto Staking

(Bloomberg) — Coinbase Global Inc.’s head Brian Armstrong escalated his war of words with the Securities and Exchange Commission, warning he’d heard rumors the agency wants to ‘get rid of’ crypto staking by retail investors.

1 year ago·Canada
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BloombergBloomberg

Coinbase CEO Armstrong Decries Rumors of Possible US SEC Ban on Crypto Staking

Coinbase Global Inc.’s head Brian Armstrong escalated his war of words with the US Securities and Exchange Commission, warning he’d heard rumors the agency wants to ‘get rid of’ crypto staking by retail investors.

1 year ago·United States
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Coin DeskCoin Desk

Coinbase's CEO Cites 'Rumors' the SEC May Ban Crypto Staking for Retail Customers

"I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen," Brian Armstrong tweeted Wednesday.

1 year ago·Manila, Philippines
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watcher.guruwatcher.guru

SEC May Ban Cryptocurrency Staking: Coinbase CEO

Coinbase CEO Brian Armstrong says that he's heard rumors about the SEC planning to ban cryptocurrency staking.

1 year ago
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CryptoPanicCryptoPanic

Coinbase's CEO Cites 'Rumors' the SEC May Ban Crypto Staking for Retail Customers

"I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen," Brian Armstrong tweeted Wednesday.

1 year ago
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