2020-10-18 19:44 |
Leaked Coinbase audio sheds additional light on the company's apolitical sea change.
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Armstrong was selling shares under a plan set up in August that sometimes made him money and other times not; the June 5 sale was still good timing.
Coinbase CEO Brian Armstrong said the exchange decided to suspend trading of Binance USD (BUSD) because the company had concerns about its liquidity.
Coinbase CEO Brian Armstrong was criticized on Twitter for suggesting that Brazil and Argentina should consider bitcoin as a currency. The post Coinbase CEO Gets Flak for Suggesting Bitcoin as Common Currency in Brazil and Argentina appeared first on BeInCrypto.
Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be "a threat to U.S. reserve currency status long term."
The exchange’s ties to Goldman Sachs go all the way back to Fred Ehrsam, who co-founded Coinbase in 2012 with Brian Armstrong.
Coinbase’s new “apolitical” culture has led to some employees taking severance packages, as the crypto community reacts with ambivalence.