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Coinbase Could Move Away From U.S. if No Regulatory Clarity: CEO Brian Armstrong

Coinbase CEO Brian Armstrong has indicated that the crypto exchange would consider relocating away from the US if regulatory clarity for the industry does not emerge. Armstrong said "anything is on the table, including relocating or whatever is necessary" after former UK Chancellor George Osbourne asked him whether he could see Coinbase moving out of the US at Fintech Week in London. Armstrong believes that the US has the potential to be an important market for crypto, but the lack of regulatory clarity is a concern. If regulatory clarity does not emerge in the US in the coming years, Armstrong suggests that Coinbase may have to consider investing more elsewhere in the world.

(By Jamie Crawley)

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