After Coinbase received a notice from the U.S. Securities and Exchange Commission identifying potential violations of securities law, CEO Brian Armstrong and others from the team shared their views in a Twitter space that drew 13,000 listeners.
Coinbase COIN, +2.38% CEO Brian Armstrong, and others from the team at Coinbase shared their views regarding the U.S. Securities and Exchange Commission’s Wells Notice a day earlier, in a Twitter space hosted on Coinbase’s account on Thursday evening.
Armstrong characterized the Wells Notice as disappointing outcome to over 30 meetings the company has with the SEC over the last 9 months. “We’ve been asking for them to publish clear rules….current laws are not clear,” he added.“The Wells Notice we received yesterday isn’t going to change that,” he said. “And the reason […] I can say that with confidence is that Coinbase doesn’t list securities on our platform.
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