Guides Make 10$ per day doing nothing (Scalable) Br ian Armstrong, the Chief Executive Officer of Coinbase, expressed apprehension regarding the rumors that the U.S. Securities and Exchange Commission (SEC) may abolish the practice of cryptocurrency staking for retail clients in the United States. The Coinbase CEO fervently declared that staking is not a security and instead enables individuals to actively engage in the operation of open crypto networks. Coinbase CEO Fears Restrictions on Cryptocurrency Staking, Impeding Innovation. The CEO of Coinbase, Brian Armstrong, voiced his concerns over rumors that the SEC plans to limit the practice of cryptocurrency staking for retail customers in the U.S. Armstrong conveyed his thoughts on the matter via Twitter and strongly stated that the leading securities' comission regulation shouldn't take a heavy hand on the activity in the country. "I fervently hope that is not the case," Armstrong wrote, "as I believe it w...
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