By Jessica Bursztynsky | CNBC
14, February 2021
Coinbase is set to become the first major crypto company to go public in the U.S. after it hits the markets through a direct listing Wednesday.
Regulation is one of the biggest risks when it comes to the cryptocurrency business, Coinbase CEO Brian Armstrong told CNBC.
“Basically we just ask that, hey, we want to be treated on those level playing field with traditional financial services at the very least and not have any kind of punishment for being in the crypto space,” Armstrong said.
Regulation is one of the biggest risks when it comes to the cryptocurrency business, Coinbase CEO Brian Armstrong told CNBC.
“It’s right up there with cybersecurity,” Armstrong said in an interview with Andrew Ross Sorkin that aired Wednesday morning. “And especially now that Coinbase is a public company, we’re gonna increasingly be having scrutiny about what we’re doing and people want to understand the implications of it.”
“We’re very excited and happy to play by the rules. And basically, we just ask that, hey, we want to be treated on those level playing field with traditional financial services at the very least and not have any kind of punishment for being in the crypto space,” Armstrong said.
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