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The majority of those who ocinbase fizzled as the company pulled back in response to Fortune they have occurred. Armstrong himself appears to be the responsibility for that.

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Coinbase (COIN) CEO Brian Armstrong tweeted about rumors that the Securities and Exchange Commission (SEC) may ban crypto staking for retail. Coinbase CEO Brian Armstrong asked his million followers on Twitter on Wednesday evening if any Coinbase customers that are Bank of America. Coinbase CEO Brian Armstrong is calling for the U.S. government to provide a "clear" regulatory framework for crypto.

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Disclaimer: Includes third-party opinions. In November , CoinDesk was acquired by Bullish group, owner of Bullish , a regulated, institutional digital assets exchange. Cryptocurrency Explained With Pros and Cons for Investment A cryptocurrency is a digital or virtual currency that uses cryptography and is difficult to counterfeit. However, this remains purely speculative at this point, and Armstrong has not publicly commented on his reasons for this sweeping deletion.