May 31, 2023

⚔️ China Could Benefit From U.S. Restrictive Crypto Policy - Coinbase CEO  

The US may be losing its status as a financial leader and innovation center due to restrictive cryptocurrency policies, says Coinbase CEO Brian Armstrong. And "hostile countries" such as China may ultimately benefit from this.

The CEO of Coinbase added that Hong Kong is positioning itself as a global crypto hub as China seeks to challenge the US as the world’s financial leader in various ways.