Brian Armstrong will support digital currencies next year, CEO of Coinbase cryptocurrency company, the second digital currency exchange in America, said that next year, with the changes and the appointment of a new head of the Securities Exchange Commission, it can be expected that the new head of this institution will support digital currencies. Armstrong believes that digital currencies are one of the most important technologies in updating financial systems in the world. He continued that stablecoins are an important starting point to achieve this vision. Brian Armstrong, CEO of Coinbase exchange, regarding the challenges between cryptocurrency companies and Coinbase, his payment for the Securities Exchange Commission, said this: “We have tried our best to have more interaction with this institution. This company’s approach to currencies” The digital and cryptocurrency industry has been so obscure that Coinbase has sought to engage with them through various avenues.
Armstrong will be more supportive of digital currencies next year.
As we have reviewed in this short news the opinion of the managing director of the cryptocurrency company Coinbase, “SEC” has always been involved with the cryptocurrency industry and the securities of placing some tokens, according to the regulatory area it has. Therefore, management changes in this institution can be effective for digital currencies. The year 2024 can also affect the price of cryptocurrencies due to the Bitcoin halving event.
Important decisions at the global level for the acceptance of Bitcoin and the cryptocurrency industry can also create changes in the working process of Bitcoin and cryptocurrency technology. How do you examine the future of digital currencies?
