Coinbase, one of the world leaders in crypto services, is currently battling accusations of improper conduct in U.S. courts. The platform’s legal representatives have denied any wrongdoing, even going so far as to request the dismissal of the case.
In spite of the accusations, Coinbase – and the platform’s CEO, Brian Armstrong – are generally viewed as a positive force in the market by institutional investors and even policymakers. As previously reported by CryptoPotato, Armstrong met with House Representatives in order to discuss upcoming legislation regarding cryptocurrencies.
Coinbase is, however, a centralized platform and has made no claims of being decentralized. This is why Armstrong shared his thoughts on legal issues that may be faced by his decentralized peers.
CFTC’s Behaviour May Have Unintended Consequences
According to Armstrong, the CFTC should not be going after DeFi protocols, as their authority to do so is tenuous at best and actively harming the industry’
We współpracy z: https://cryptopotato.com/defi-should-be-off-limits-for-cftc-says-coinbase-ceo/
