Coinbase CEO: Cryptocurrency involves national security issues, and the U.S. should support cryptocurrency in its policies

Chain Catcher News, Coinbase CEO Brian Armstrong tweeted that policies regarding cryptocurrency involve national security issues. The United States has missed out on semiconductor and 5G technology, which are now primarily produced overseas. The U.S. cannot afford the cost of cryptocurrency moving overseas. Law enforcement regulation has a terrifying chilling effect, and we have already seen a large number of cryptocurrency talents, asset issuers, and startups moving abroad.

In addition, he stated that Coinbase is a global company headquartered in the United States and will strive to ensure that cryptocurrency brings success to everyone here. This is too important for the United States and the free world. (Source link)