COIN - Coinbase CEO Brian Armstrong Says 'Both Parties' Need To Address 'Untenable' Regulatory Situation | Benzinga
Coinbase Inc. (NASDAQ:COIN) CEO Brian Armstrong on Thursday emphasized the importance of a bipartisan approach to cryptocurrency regulation.
What Happened: In a discussion with Ark Invest CEO Cathie Wood, Wood brought up Donald Trump, who recently declared himself a "crypto president" during a campaign event.
Trump also met with executives from major Bitcoin mining companies earlier this week. "He's considered very divisive, of course, by some people," Wood said, according to DL News.
Nonetheless, she noted that Trump’s support for cryptocurrency has “educated those who haven't taken a closer look at what this movement is all about,” highlighting the bipartisan nature of the issue.
Armstrong responded to Wood’s ...