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Coinbase CEO Blasts SEC For Senseless Legal Tactics, Demands Apology

  • Coinbase CEO Brian Armstrong criticizes the SEC for its confusing and inconsistent stance on cryptocurrency.
  • Armstrong highlights the issue of regulatory uncertainty, which hampers innovation and investor trust in the crypto sector.
  • He calls for the withdrawal of frivolous cases against crypto entities and demands an apology from the next SEC chair to restore trust.
  • Coinbase is actively opposing SEC enforcement actions, arguing that unclear regulations have hindered the progress of cryptocurrencies.

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