China to gain most from restrictive US crypto regulations: Coinbase CEO
Cointelegraph
Published May 30, 2023 11:19PM ET
Updated May 31, 2023 01:00AM ET
“Adversary nations” like China could ultimately benefit from restrictive crypto policies in the United States, warns Coinbase (NASDAQ:COIN) CEO Brian Armstrong.
In a May 30 op-ed for MarketWatch, Armstrong again warned that while recent turbulence in crypto markets might tempt U.S. policymakers “to write it off as an unstable asset class,” doing so could see the U.S. cede its status as a financial leader and innovation hub.
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Written By: Cointelegraph
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