Key Points:CEO Brian Armstrong’s comments follow Kraken’s settlement regarding staking services.
Jason Gottlieb, a Twitter account, has voiced disapproval over the SEC. He said that the SEC’s “all cryptocurrency projects have to come in, register” line is unbelievably offensive.
After Coinbase CEO Brian Armstrong posted a tweet warning about what he called a “terrible pathway” for the U.S., he has now increased his defense of the exchange’s staking services. After Coinbase CEO Brian Armstrong posted a tweet warning about what he called a “terrible path” for the U.S., the CEO has increased his defense of his bitcoin exchange’s Staking Services. His comments came after Kraken, a rival exchange, resolved a dispute with US Securities and Exchange Commission earlier in the week. Kraken was fined $30 million for failing to register the “crypto asset-staking-as a service program” offer and sale. Jason Gottlieb, a Twitter account, expressed disapproval of the SEC. He said that the SEC’s “all crypto project have to do is register” line is unbelievably offensive.
It assumes that there are a lot of highly skilled securities lawyers advising clients

If the new de facto rule for crypto = no is adopted, it must be approved by Congress or through an APA process. Enforcement is not the answer. CNBC’s claim that registration is “just an online form” is a painful misrepresentation about the registration process.
Coincu reported previously that Coinbase shares had started to fall after Brian Armstrong, CEO, stated Wednesday that limiting crypto staking in the United States would be a bad move for regulators. Coincu reported that Coinbase shares had fallen after CEO Brian Armstrong stated on Wednesday that limiting crypto staking would be a bad path for US regulators. We encourage you to do your research before investing.Join us to keep track of news: https://linktr.ee/coincuThanaCoincu NewsTags: #Brian ArmstrongBrian ArmstrongCEO CoinbaseCoinbaseCoinbase CEOCoinbase Cryptocurrency Exchangecoinbase exchangeCoinbase GlobalCoinbase shares