Coinbase head ready to move company out of US

Coinbase head ready to move company out of US
Photo by Jonathan Borba / Unsplash

Coinbase boss Brian Armstrong has not ruled out the company leaving the US altogether unless the authorities offer clear and fair regulation of the crypto industry.

"I think the US has the potential to be an important cryptocurrency market. But right now we don't see the regulatory clarity that we need. If that continues to be the case, we may have to think about increasing investment in other countries around the world," he explained.