Crypto News: Coinbase Global, the U.S. biggest crypto exchange has been actively seeking clear crypto regulations from the Securities and Exchange Commission (SEC). Brian Armstrong, CEO of Coinbase recently expressed that the unclear rules in U.S. and Britain for the crypto industry can lead the firms to go offshore.
Also Read: Ripple Exec Opts For EU’s Progressive Crypto Laws As XRP Case Verdict Closes In
Coinbase Still Seeks Clear Crypto Rules
European Parliament on Thursday approved the first of a kind set of crypto oriented regulations. As many as 517 European lawmakers voted in the favor of the MiCA, while 38 decided to vote against it.
Amid this major development in the crypto industry, Coinbase CEO in a Tweet mentioned meeting with Congress members in Washington DC. He asserted that they need regulatory clarity in the United Nations for the reasons like consumer protection, national security, and more.
Brian Armstrong stated that the SEC has caused untold harm to America with its policy of regulation by enforcement. We will fight to fix that.
Also Read: Crypto Expiry: Bitcoin and Ethereum Bearish Price Move To Break Key Support Levels?
The post SEC Caused Untold Harm To US; Coinbase CEO After MiCA Approval appeared first on CoinGape.
