{"id":1811,"date":"2024-10-29T15:02:36","date_gmt":"2024-10-29T15:02:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=1811"},"modified":"2024-10-29T15:02:36","modified_gmt":"2024-10-29T15:02:36","slug":"coinbase-ceo-brian-armstrong-says-next-sec-chair-should-apologize-for-the-damage-done-to-the-country-by-frivolous-lawsuits","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=1811","title":{"rendered":"Coinbase CEO Brian Armstrong Says Next SEC Chair Should Apologize For The &#8216;Damage Done To The Country&#8217; By &#8216;Frivolous&#8217; Lawsuits"},"content":{"rendered":"<div>\n<p><strong>Coinbase Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>) CEO Brian Armstrong on Tuesday expressed that the next head of the U.S. Securities and Exchange Commission (SEC) should issue a public apology to Americans for the harm the agency has <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41544108\/gary-gensler-says-too-many-people-have-lost-money-and-lined-up-in-bankruptcy-court-highlig\">inflicted on the crypto sector<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>Armstrong <a href=\"https:\/\/x.com\/brian_armstrong\/status\/1851103674744832334\">highlighted<\/a> a series of conflicting statements made by the SEC over the years, criticizing the agency&#8217;s inconsistent positions on matters such as whether digital assets, including <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), qualify as securities, and if the SEC has the authority to <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/40857265\/kraken-pushes-back-against-sec-lawsuit-demands-jury-trial\">regulate crypto exchanges<\/a>.<\/p>\n<p>Armstrong argued that the SEC\u2019s approach has caused confusion and undermined trust in regulatory clarity for digital assets.<\/p>\n<p>Armstrong proposed that the incoming SEC chair should not only apologize but also drop the &#8220;frivolous&#8221; &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/10\/41602107\/coinbase-ceo-brian-armstrong-says-next-sec-chair-should-apologize-for-the-damage-done-to-t\" alt=\"Coinbase\" ceo brian armstrong says next sec chair should apologize for the done to country by lawsuits>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Coinbase Inc. (NASDAQ:COIN) CEO Brian Armstrong on Tuesday expressed that the next head of the U.S. Securities and Exchange Commission (SEC) should issue a public apology to Americans for the harm the agency has inflicted on the crypto sector. What Happened: Armstrong highlighted a series of conflicting statements made by the SEC over the years, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-1811","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1811"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/1811\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}