Cryptocurrency boss says SEC warning is 'not good for America'
The Securities and Exchange Commission's recent warning about cryptocurrency is "not good for America". That is according to Brian Armstrong, the CEO of Coinbase Global, who has released a video message in which he's critical of the regulator's attitude towards his firm. Armstrong observed that the SEC's recent warning "is not constructive" and is "not good for America". Earlier this year, Coinbase suffered a sharp fall in its stock price after it received a Wells Notice from the SEC. The regulator noted it had made a "preliminary determination" to recommend an enforcement action against the c...