$Coinbase Global, Inc.(COIN)$ Coinbase (COIN) CEO Brian Armstrong indicated that the crypto exchange would consider moving away from the U.S. if the regulatory environment for the industry does not become clearer.
"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," he said. "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."
Coinbase may take it's company private or consider it relisted aboard should it choose to exit it's operation from the U.S.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
This is going to be a $55 stock. I told everyone to sell half of their shares up near $80. If bitcoin pulls have to 18000 there is no bottom to this
Coin has a lot of institutional investors around America besides Kathy. Vanguard, blackrock, another of local state and local people pension funds are invested into coinbase.
Will re-trace back to $40.
For some reason Bitcoin Rally's ever Sunday , COIN follows on Monday. Just my observation.
Bitcoin should consolidate to a healthy 25 and this for now will go much lower.
ONFO looks like it is Setting up for a huge rally.