Yesterday, Coinbase CEO Brian Armstrong suggested that it will be the US Congress that will resolve the conflict situation that has arisen with the SEC.
Regarding the SEC complaint against us today, we’re proud to represent the industry in court to finally get some clarity around crypto rules.
Remember:1. The SEC reviewed our business and allowed us to become a public company in 2021.2. There is no path to „come in and…
— Brian Armstrong (@brian_armstrong) June 6, 2023
In fact, Armstrong argues that the SEC’s complaint against them makes Coinbase represent the entire crypto industry in court, with the goal of getting some clarity on the rules that need to be applied in this industry.
At this point, he added that the U.S. Congress (i.e., their parliament) is introducing new legislation that will allow this situation to be resolved, as indeed is happening in the rest of the world.
SEC: the regulatory problem highlighted by the CEO of Coinbase
Indeed, the key issue is the lack
We współpracy z: https://en.cryptonomist.ch/2023/06/07/coinbase-vs-sec-decision-congress/
