China to gain most from restrictive US crypto regulations: Coinbase CEO

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China to gain most from restrictive US crypto regulations: Coinbase CEO
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Coinbase CEO brian_armstrong warns that China stands to benefit from a failure to provide the crypto industry with regulatory clarity in the US.

“Crypto, like the internet before it, has the potential to modernize finance and numerous other sectors, from supply chains to social media, by offering a faster, cheaper, more private, and accessible platform.”for U.S. policymakers to provide the crypto industry with regulatory clarity that can help realize crypto’s potential whilst protecting consumers.

Coinbase has continued to ask for clarify from the U.S. Securities and Exchange Commission around which digital assets qualify as securities, and

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