Coinbase CEO, Brian Armstrong, criticized the U.S. Securities and Exchange Commission (SEC) over its approach to crypto regulation, but confirmed the company will not leave the U.S. despite regulatory uncertainty.
- Armstrong highlighted more "thoughtful" approaches in the EU and UK, while expressing interest in the UAE.
- The SEC alleges Coinbase is selling unregistered securities, which Coinbase disputes.
- Armstrong insisted on the need for regulatory clarity to benefit the crypto industry and the U.S. overall.
