Coinbase CEO Brian Armstrong calls for leniency in regulating DeFi
Join Our Telegram channel to stay up to date on breaking news coverage The CEO of Coinbase, Brian Armstrong, believes that decentralized finance (DeFi) should be protected from regulatory overreach. Armstrong has also expressed gratitude to some US lawmakers attempting to bring regulatory clarity in the crypto and DeFi space. Coinbase CEO says DeFi should be protected from regulatory overreach Armstrong has voiced his opinion on what he believes regulations should be like within the DeFi and crypto space in general. Armstrong has commended US legislators Debbie Stabenow and John Boozman for their efforts in attempting to introduce crypto and DeFi regulations. The two US Senators have been involved in developing the legislation needed to support the Commodity Futures Trading Commission (CFTC) in regulating the crypto spot markets by creating a new asset class known as “digital commodities.” “Worth stating for the record, DeFi should be protected in any leg...