Coinbase CEO Criticizes Top US Regulator
Coinbase CEO Brian Armstrong has sharply criticized Caroline A. Crenshaw, a top official at the US Securities and Exchange Commission (SEC), who is set to be voted on to continue in her role.
Armstrong wrote on social media platform X (formerly Twitter) that Crenshaw has failed to do her job and should not be reappointed. He says Crenshaw has tried to block the launch of Bitcoin (BTC) exchange-traded funds (ETFs) and has been even tougher on some issues than his boss, Gary Gensler.