Coinbase Could Leave U.S. If No Regulatory Clarity Emerges, Says CEO

Coinbase Could Leave U.S. If No Regulatory Clarity Emerges, Says CEO

Coinbase CEO Brian Armstrong, who is at UK Fintech Week in London now, said that his exchange could move away from the U.S. should no regulatory clarity emerge in the states.

When asked by George Osbourne, former U.K. Chancellor of the Exchequer, whether Coinbase could move out of the U.S., Armstrong said, "anything is on the table, including relocating or whatever is necessary."

"I think the U.S. has the potential to be an important market for crypto, but right now we are not seeing that regulatory clarity that we need. I think in a number of years if we don't see that regulatory clarity emerge in the U.S. we may have to consider investing more elsewhere in the world."

 

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Source

Coinbase

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