Brian Armstrong

Coinbase CEO Affirms Crypto as the Future of Money

In a recent blog post, Coinbase CEO and Co-founder Brian Armstrong expressed the belief that cryptocurrency is not just a passing trend but represents the future of money. Notably, Coinbase is on a mission to expand economic freedom for more than a billion people, emphasizing the transformative potential of the asset class in reshaping the...
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Coinbase CEO Says Being Anti-Crypto is Bad Political Strategy, Here’s Why

Brian Armstrong, the co-founder and CEO of the largest American cryptocurrency exchange, Coinbase, believes being anti-crypto could have ugly political effects in the upcoming United States elections in 2024. In a Tuesday tweet, Armstrong stated that taking a stand against the novel technology would be “a really bad political strategy” for several reasons, blasting well-known...
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Brian Armstrong Criticizes Chase UK’s Ban on Crypto-Related Payments

Coinbase co-founder and CEO Brian Armstrong has condemned the planned move by Chase UK, a subsidiary of the US-based multinational financial services behemoth JPMorgan, to restrict its clients in the United Kingdom from making cryptocurrency transactions. The Coinbase chief advised UK crypto holders to close their accounts with Chase in response to the bank’s ban....
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Coinbase CEO Dives Into Future Aspirations and Crypto Regulation

In a recent interview with Yahoo Finance, Coinbase CEO Brian Armstrong shared insights into the company’s plans and its interest in flatcoins. Armstrong also shared more details on the future of cryptocurrency and the necessary next steps amid growing regulatory scrutiny. Armstrong Discusses Coinbase’s Future Plans Coinbase’s exec talked about ‘flatcoins’ in the interview, which...
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10 Crypto Ideas That Should be Developed in Bear Market, According to Coinbase’s Brian Armstrong

Brian Armstrong, the CEO of Coinbase, revealed a list of ten ideas that he’s most interested in and hopes that developers turn these ideas into reality amidst the bear market. Despite mounting regulator pressure on the home turf, Armstrong said Coinbase has its hands full with different projects and “doesn’t have time to tackle everything.”...
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Coinbase is Exploring ‘Best’ Way to Integrate Bitcoin Lightning Network, Says CEO

Coinbase CEO Brian Armstrong revealed that the crypto exchange is exploring the “best” way to integrate the Lightning Network after being called out for not adding support for the layer-2 scaling solution, which enables faster and cheaper BTC transactions than the Bitcoin base network. The comment comes a month after Binance added LN capability for...
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SEC Wanted Coinbase to Delist all Crypto Assets Except Bitcoin Before Lawsuit: FT

The US Securities and Exchange Commission (SEC) asked Coinbase to halt the trading of all cryptocurrencies except for Bitcoin before pressing charges against the exchange for breaching federal securities law. According to Coinbase CEO Brian Armstrong, delisting every other asset except for Bitcoin would mean the end of the crypto industry. Coinbase vs. SEC In...
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What’s Better Than Bitcoin? Jack Dorsey to Coinbase CEO

Twitter co-founder Jack Dorsey pressed Coinbase CEO Brian Armstrong on Wednesday over his alleged refusal to acknowledge the power of Bitcoin’s lightning network – a layer-2 scaling solution designed to make BTC easier to spend. His question sparked an online debate about the benefits and limitations of lightning in the payments realm, compared to other...
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Coinbase CEO Brian Armstrong Calls for Voting in Favor of FIT21

The rapidly changing digital asset landscape has resulted in a flexing of regulatory muscles between different watchdogs in defining terms and drawing lines of authority. This is especially true in the case of the United States where the SEC and CFTC are engaged in a turf war over regulatory oversight of the space. But this...
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Coinbase CEO to Meet US House Democrats on Crypto Legislation: Report

Brian Armstrong, the chief executive officer of America’s largest cryptocurrency exchange Coinbase, will privately meet with Democrats from the House of Representatives on Wednesday morning. According to a Bloomberg report, Democratic aides disclosed that the meeting would focus on crypto legislation and related issues like taxes, privacy, and national security. Coinbase CEO to Meet With...
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Coinbase CEO Explains Why SEC Legal Battle “Isn’t Good For America”

Coinbase CEO Brian Armstrong spoke at length on Wednesday about his initial reaction to the Securities and Exchange Commission (SEC)’s lawsuit against his exchange. The executive responded to SEC Chairman Gary Gensler’s claims about the market not needing more “digital currency,” and debated whether the SEC is acting in good faith.  An Avalanche of Currencies...
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SEC Disclosure Reveals High Security Bill for Coinbase’s CEO Brian Armstrong

Amidst regulatory tussle, an SEC disclosure revealed an expensive bill for Coinbase CEO Brian Armstrong’s security benefits. The exec was granted security benefits of $6.3 million last year, representing more than triple the amount his security cost Coinbase the previous year. According to the public document, Armstrong’s total compensation for the whole of 2022 was...
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Coinbase is 100% Committed to the US Despite Regulatory Uncertainty: Brian Armstrong

Brian Armstrong, the co-founder and chief executive officer of major American cryptocurrency exchange Coinbase, revealed that the company is still 100% committed to the US market, despite the lack of regulatory clarity in the country. The CEO’s disclosure came as a response to a question from shareholders, who were curious about Coinbase’s plans to move...
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Coinbase’s Top Management Accused of Dumping Millions to Avert Losses Using Insider Trading

Fresh trouble brews in for Coinbase as a lawsuit alleges that top leadership of the crypto exchange sold stock using inside information and dodged massive losses. Coinbase’s Chief Executive Officer Brian Armstrong, board member Marc Andreessen, and other officers are being accused of avoiding losses of over $1 billion with the help of inside information...
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Coinbase CEO Slams SEC, Says Gensler-Led Agency Caused Untold Harm to the US

The crypto community has left no stone unturned in lambasting the US Securities and Exchange Commission (SEC) and, more importantly, its Chief Gary Gensler. The latter’s actions were dissented by members of his own agency. Gensler even received political pushback for his actions. But the SEC boss continued to defend the crackdown on digital assets...
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Forget Bitcoin, Coinbase CEO Advocates for a US-Backed Stablecoin (Op-Ed)

In a post-FTX world, it’s really hard being a crypto executive. Not only are your bags empty and revenues down, but you also have United States financial regulators breathing down your neck with subpoenas one day, and lawsuits the next. It’s understandable, then, why industry leaders like Brian Armstrong may wish to present themselves to...
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Hong Kong’s Crypto Trading Launch Makes Coinbase CEO Question the US Position    

Hong Kong’s position as an upcoming hub of crypto businesses is being increasingly noticed and discussed in the relevant circles. In a tweet, Coinbase CEO Brian Armstrong referred to the city-state to stress that the United States may lose its position as the financial hub of the world for lacking crypto regulations. Armstrong Calls for...
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Coinbase Dismisses 950 People Citing Current Economic Climate

The US-based cryptocurrency exchange Coinbase will reduce its workforce by around 950 people. The firm had previously laid off 18% of its employees due to adverse macroeconomic conditions. Brian Armstrong – CEO of Coinbase – said they had taken the “difficult decision” to dismiss 950 of its team members as part of the company’s long-term...
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Coinbase CEO Calls for Regulation of Centralized Crypto Entities

Coinbase founder and CEO Brian Armstrong, for one, believes that ideal crypto regulations should start with centralized actors since most of the damage to the consumers has been done by these entities. In a recently released “realistic blueprint,” Armstrong highlighted the need to pursue legislation early instead of waiting for something comprehensive and perfect. Regulations...
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Coinbase CEO: Even The Most Gullible People Should Not Believe SBF

Samuel Bankman-Fried took Do Kwon’s spot by becoming the most talked-about and arguably hated person in the cryptocurrency industry in November when his empire collapsed, and the community found out about his dirty laundry. The latest to join the bashing fest is Coinbase’s CEO – Brian Armstrong – who had some strong words to say...
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Brian Armstrong Sells Over $1.6 Million in Coinbase Shares

As the ongoing FTX drama dashed hopes of the ongoing crypto winter ending, Coinbase was one of the few companies to come out and say that they suffered no exposure to the fallout. Although Brian Armstrong, the CEO of the exchange, assured users that Coinbase would not suffer a similar fate, things don’t look especially...
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Coinbase Dismisses 60 People due to the Intensifying Crypto Winter (Report)

The US-based cryptocurrency exchange – Coinbase – reportedly reduced its team by 60 people following the FTX saga and the consecutive plunge of the market. Chief Financial Officer Alesia Haas said the company might lay off more people should the turmoil deepen in the future. According to recent coverage, one of the largest crypto platforms...
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Here’s Why Coinbase CEO Brian Armstrong Wants to Sell 2% of His Company Stake

The CEO of the US-based crypto giant said he wants to sell 2% of his entire stake in the company throughout the next several months. His intentions are to use that capital to fund some scientific research and companies. Armstrong took it to Twitter to inform the community about his decision, which is based on...
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Coinbase CEO Would Shutdown ETH Staking Service if Asked to Bend to Regulators

Brian Armstrong – CEO of Coinbase – stated on Thursday that he would refuse to censor the Ethereum blockchain using his platform’s concentrated stake in the protocol.  If compelled by the government to do so, he’d rather shut down the service. Armstrong made his intentions clear in response to an Ethereum developer’s question concerning the...
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Crypto Needs 5-10x Growth to Become an Inflation Hedge: Coinbase CEO

In the latest interview, Coinbase CEO Brian Armstrong shared his view on the broader market amid a months-long dump and the trajectory ahead of the company. He also commented on Ray Dalio’s “The Changing World Order” theory, saying, if crypto adoption continues to rise, a new world order may revolve around a decentralized West competing...
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Coinbase Will Not Halt Servicing Russian-based Users, for Now, Says CEO

Coinbase has joined the list of cryptocurrency exchanges that do not plan to block Russia-based users from accessing their services. The company’s CEO believes that oligarchs won’t be able to use digital assets, while many ordinary Russians could buy crypto while their national currency tumbles. Coinbase Won’t Ban Russia-based Clients With Russia’s President launching a...
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Canadian Regulators Investigate Coinbase, Kraken CEOs For Promoting Self-Custodial Wallets

The Ontario Securities Commission (OSC) recently flagged Brian Armstrong and Jesse Powell – CEOs of Coinbase and Kraken respectively – for tweets surrounding Canada’s freedom convoy protests. Each has been accused of offering advice on how to evade national financial emergency restrictions through the use of self-custodial crypto wallets. Crypto CEOs Against Canada’s Government According...
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Coinbase Chief Brian Armstrong Purchased Luxury $133M Estate in LA

Cryptocurrency executives are tapping the real-estate market. The latest one to do so is none other than Coinbase’s Brian Armstrong, who just bought a lavish Bel-Air property from Japanese entrepreneur Hideki Tomita that was previously owned by Seagram Heiress Ellen Bronfman. Brian Armstrong’s Costly Affair in LA According to a report by The Wall Street Journal,...
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Coinbase ready to go public? Exchange files preliminary docs with US SEC

During this summer, reports surfaced stating that Coinbase had initiated plans for a stock market listing. Meaning, Coinbase could possibly be going public with its own IPO. However, for this to occur, the listing would need US Securities and Exchange Commission’s (SEC) approval. Reuters had reported that Coinbase could pursue the listing early next year,...
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Coinbase CEO tells users to watch out during Bitcoin rally

Bitcoin has been in the news lately as prices breached the $23,000-mark, a major psychological level. Coinbase CEO Brian Armstrong shared a message today about “crypto market rallies.”  While the CEO lauded the current rally and how news organizations covered the Bitcoin price surge, he believed that crypto was “a game-changing innovation.” Armstrong urged customers...
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