Cryptoknowmics
2022-12-20 09:58:32

Coinbase CEO: Regulate Centralized Operators But Leave DeFi Alone

Brian Armstrong, CEO of Coinbase, has argued for stronger rules on centralized crypto operators but believes DeFi protocols should be allowed to expand since they represent the absolute pinnacle of transparency because of open-source software and smart contracts. Regulation of Centralized Operators In a blog post published on December 20 by Coinbase, Armstrong discussed the regulation of cryptocurrencies and offered some suggestions for how regulators might be able to establish trust and advance the sector as the market continues to rebound from the harm caused by FTX and its unexpected collapse. However, the Coinbase CEO highlighted that DeFi protocols are The post Coinbase CEO: Regulate Centralized Operators But Leave DeFi Alone appeared first on Cryptoknowmics-Crypto News and Media Platform .

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