Coinbase CEO: Never Accept Senate Democratic DeFi Regulation Proposal
2025-10-10 08:36:57
Brian Armstrong, CEO of Coinbase, posted on the X platform that he will never accept the DeFi regulation proposal of the US Senate Democrats. This is a bad proposal that will simply hinder innovation and prevent the United States from becoming the crypto capital of the world. Brian Armstrong also forwarded a statement from Summer Mersinger, CEO of the Blockchain Association, which stated that the DeFi regulation proposal of the US Democrats is simply uncompliant and would in fact completely ban decentralized finance, wallet development, and other applications in the United States.
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