Coinbase Cryptobase CEO Brian Armstrong is an advocate of accelerated legalization of the digital currency market in the U.S.
At the same time, he criticized the tough approach to the industry and the idea of banning crypto-trading for retail investors. If the U.S. government chooses this path, it will deal a crushing blow to the digital asset market, Armstrong tweeted.
With this post he commented on rumors that the Securities and Exchange Commission (SEC) allegedly plans to close the access of ordinary citizens of the country to digital currencies and to ban crypto-betting.