CFPB Weakened: Crypto Leaders Applaud as New Leadership Shuts Down Operations
Brian Armstrong and Tyler Winklevoss welcomed the CFPB’s operational pause, with Armstrong labeling the agency as an "activist organization."
Brian Armstrong and Tyler Winklevoss welcomed the CFPB’s operational pause, with Armstrong labeling the agency as an "activist organization."
Armstrong suggests automating Coinbase’s token review with customer feedback and on-chain scans, citing overwhelming weekly token launches.
In its support of compliance efforts, Coinbase has signaled a readiness to adjust its offerings, including a possible USDT delisting.
Tyler Winklevoss will also hold law firms accountable for hiring ex-SEC officials linked to regulatory overreach against crypto.
Coinbase ended ties with Milbank over ex-SEC director's hiring, urging ethical hiring practices across the crypto industry.
The reported meeting comes amid a pending decision by the Trump team over the Treasury Secretary and SEC chair positions.
Yi encouraged community members to verify Binance’s processes, reiterating that only projects that pass thorough vetting are considered.
According to Armstrong, crypto empowers economic freedom, providing access to funds and fair participation without gatekeepers.
Armstrong outlined the upsides of the crypto industry, including just 9% of Americans being satisfied with the traditional financial system.
Brian Armstrong sees Bitcoin as vital for Western civilization's success, highlighting cryptocurrency's role against inflation.