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Murtuza Merchant

Brian Armstrong Defies SEC, Vows To Stay In US: ‘There Is No Break-Glass Plan’

Brian Armstrong SEC Coinbase COIN United States Nasdaq California The United States
Coinbase (NASDAQ: COIN) CEO Brian Armstrong has expressed his commitment to continue operations in the U.S., even if it loses its ongoing lawsuit against the Securities and Exchanges Commission. PHOTO BY JONATHAN BORBA/UNSPLASH

Coinbase (NASDAQ: COIN) CEO Brian Armstrong has expressed his commitment to continue operations in the U.S., even if it loses its ongoing lawsuit against the Securities and Exchanges Commission.

He also expressed his firm’s determination to challenge the cease and desist orders issued by ten state regulators against the company’s staking service and on the contrary, eventually extend staking services across all 50 states in the United States, Financial Times reported.

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