Binance (CRYPTO: BNB) co-founder Changpeng Zhao's resignation from the crypto exchange is an opportunity to start a new chapter for the industry, Coinbase (NASDAQ: COIN) CEO Brian Armstrong said on Tuesday, as he expressed confidence that the U.S. democratic system will soon have regulations in place.
Reflecting on his company's journey since its inception in 2012, Armstrong emphasized the importance of compliance in building a lasting enterprise.
In a statement, the Coinbase CEO said, "I knew we needed to embrace compliance to become a generational company that stood the test of time. We got the licenses, hired the compliance ...