First Mover Americas: Coinbase CEO Brian Armstrong Suggests SEC Could Ban Staking

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First Mover Americas: Coinbase CEO Brian Armstrong Suggests SEC Could Ban Staking
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Is the SEC setting its sight on the retail crypto staking industry? coinbase CEO brian_armstrong seems to think so. LedesmaLyllah reports

Binance is helping assemble a consortium of crypto companies with a view towards rebuilding trust in the industry

and is taking on an active role in consulting on regulations, according to a person with knowledge of the plans. have already signed up to come on board. They span the crypto industry, including individual projects, exchanges and blockchain analytics firms, the person said, without naming any of the firms involved. Binance declined to comment.

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Coinbase CEO Concerned About SEC Ambitions to Crackdown on Crypto StakingCoinbase CEO Concerned About SEC Ambitions to Crackdown on Crypto StakingCoinbase chief executive Brian Armstrong has raised concerns about the SEC’s stance on crypto staking.
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