Coinbase CEO Says Getting Conflicting Information From Regulators
Portfolio Pulse from Benzinga Newsdesk
Coinbase CEO Brian Armstrong expressed concerns over receiving conflicting information from regulators, causing uncertainty for the company and the cryptocurrency industry.
June 07, 2023 | 12:52 pm
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NEGATIVE IMPACT
Coinbase's stock price may be negatively impacted in the short term due to the uncertainty caused by conflicting regulatory information.
Coinbase's CEO Brian Armstrong has expressed concerns over receiving conflicting information from regulators. This uncertainty may cause investors to be cautious, potentially leading to a short-term negative impact on the stock price of Coinbase (COIN).
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100