'Give Up Serving US Customers For Now': Crypto Exchange Founder Sparks Debate On Strategy
Portfolio Pulse from Murtuza Merchant
Antonio Juliano, founder of decentralized exchange dYdX, suggests crypto builders should focus on markets outside the U.S. due to regulatory concerns. He believes the challenges of operating in the U.S. may not be worth the effort currently, given the potential in international markets. Brian Armstrong, CEO of Coinbase (NASDAQ:COIN), responded with a more optimistic view, expecting positive changes in the U.S. regulatory landscape for crypto possibly by next year.
August 28, 2023 | 3:45 pm
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Coinbase's CEO, Brian Armstrong, expects positive changes in the U.S. regulatory landscape for crypto possibly by next year, which could potentially benefit the company.
If the U.S. regulatory landscape for crypto becomes more favorable as Armstrong expects, it could potentially lead to increased business for Coinbase. However, this is based on Armstrong's prediction and the actual outcome may vary.
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