In a strong statement, Coinbase CEO Brian Armstrong called on the next SEC chair to withdraw what he describes as “frivolous” lawsuits against the crypto industry, including Coinbase, and issue an apology to Americans. Armstrong believes this step would help restore trust in the U.S. Securities and Exchange Commission (SEC), which has been criticized for its unpredictable stance on crypto regulation.

🔍 Armstrong’s Call for Change

Armstrong's criticism centers on the SEC’s inconsistent handling of crypto regulations, which he argues has stifled innovation and shaken investor confidence. He suggests that many recent lawsuits lack solid legal foundations and only add to the challenges crypto companies face in navigating unclear regulatory waters.

🔄 SEC’s Mixed Messaging

In his statement, Armstrong highlighted several instances of conflicting messages from the SEC:

2018: The SEC stated that a “digital asset by itself is not a security.”

2021: The SEC shifted, saying digital assets could “represent an investment contract.”

Recently: Digital assets were described simply as “computer code,” adding to the confusion.

These inconsistent positions have made it challenging for the crypto industry to follow regulations, frustrating both businesses and investors.

💬 Armstrong’s Vision for a New SEC

Armstrong believes that an apology to the American people would be a small step toward rebuilding faith in the SEC as a fair and reliable regulator. His message aligns with the broader crypto community’s demand for clear and consistent regulatory guidelines to avoid regulatory uncertainty.

🗣️ Trump’s Promise to Fire SEC Chair

Adding fuel to the debate, former U.S. President Donald Trump announced his intention to fire SEC Chair Gary Gensler if he regains the presidency, vowing to replace him with a leader who supports crypto growth. Gensler has become a controversial figure due to his aggressive enforcement actions against major crypto platforms like Coinbase and Binance, which many see as stifling the crypto sector’s potential in the U.S.

Stay tuned for updates as the debate around crypto regulation and the SEC’s role continues to unfold.

In a groundbreaking move, Charles Hoskinson, the founder of Cardano ($ADA ), has joined the conversation following reports that Donald Trump’s team is planning to introduce a special role for cryptocurrency policy in the White House. Hoskinson, a prominent figure in the blockchain world, supports the creation of the role of “Head of Crypto” and has nominated Coinbase CEO Brian Armstrong as his preferred candidate.
Hoskinson's Vision for the Role
Hoskinson emphasized the importance of neutrality and expertise in the new position, stating that it should be filled by someone capable of collaborating with all protocols and understanding the true value of cryptocurrency. He pointed out that Armstrong's experience at Coinbase, a company that has been a pillar of the crypto community and has faced significant regulatory challenges, makes him the perfect fit for the job.
Hoskinson's Statement:
“The only candidate that stands out for this role in this industry is Brian Armstrong. Coinbase has been a pillar of crypto and has fought against government-enforced regulation,” Hoskinson said in his public statement.
Hoskinson’s Call for Legal Reform
Hoskinson is not only focused on the appointment of a “Crypto President” but also on fostering collaboration between the industry and the U.S. government. He revealed plans to fly to Washington D.C. to meet with lawmakers and to launch a new initiative aimed at improving the American cryptocurrency sector. This initiative, named “Operation Baseline,” will investigate the U.S. crypto industry and work to identify areas of waste, abuse, and missed opportunities.
A Major Turning Point for Crypto in the U.S.
Hoskinson sees the proposed role of “Head of Crypto” as a potential turning point for the cryptocurrency and blockchain industry in the U.S. His vision is to make America the best place in the world for crypto and blockchain technology. He believes that achieving this goal requires unity among all players in the industry.
Current Market Status:
Cardano ($ADA ) is currently trading at $0.972, showing a +23.77% increase in the past 24 hours, reflecting strong market sentiment around Hoskinson’s comments and the ongoing discussions about crypto policy.
Final Thoughts:
The crypto industry is at a crossroads, and Hoskinson’s bold support for Brian Armstrong and his upcoming efforts to reform crypto legislation could signal a major shift. As these discussions continue, all eyes are on the White House and whether the role of a “Crypto President” could soon become a reality.

When it comes to formulating policies and regulations for the cryptocurrency space, there is no better choice than appointing someone who has a deep understanding of digital assets. Cardano founder Charles Hoskinson is convinced that Coinbase executive Brian Armstrong is the ideal candidate to be the “Crypto Czar” in the incoming US President Donald Trump’s administration. 🌟
🔍 Key Highlights:
1. Expertise in Digital Assets: Hoskinson praises Armstrong's extensive knowledge and leadership at Coinbase, emphasizing his ability to navigate the complex regulatory landscape of cryptocurrencies.
2. Visionary Leadership: Armstrong's forward-thinking approach and commitment to innovation make him the perfect fit to spearhead crypto policies and regulations. 🌐🚀
3. Industry Impact: With Armstrong at the helm, the crypto industry could see significant advancements in regulatory clarity, fostering innovation and wider adoption.
Stay connected with Binance for real-time updates and expert insights as we follow this exciting development in the crypto world! 🌐📊
#CryptoNewsCommunity #CardanoMagic #BrianArmstrong #CryptoCza r #Binance 📢✨

As #bitcoin surpassed $100,000 for the first time in its 16-year history, influential figures in the cryptocurrency world, including Binance's former CEO #Changpeng.CZ.Zhao (CZ) and Coinbase CEO #BrianArmstrong , shared their perspectives on this milestone. Their reactions highlighted Bitcoin’s immense potential and the broader economic implications of its price surge.

𝐂𝐙'𝐬 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞: 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐈𝐬 "𝐂𝐡𝐞𝐚𝐩𝐞𝐫" 𝐓𝐡𝐚𝐧 𝐄𝐯𝐞𝐫

Changpeng Zhao, who recently returned to Dubai after his legal challenges in the U.S., offered a unique viewpoint on Bitcoin’s rising value. While others congratulated him on his Bitcoin gains, CZ remained grounded, explaining, “I haven’t made much. I still hold the same amount of Bitcoin, but everything around me has become cheaper.” His comment underscores the deflationary impact Bitcoin could have on purchasing power, suggesting that, despite the soaring price of Bitcoin, other assets may seem more affordable in comparison.

𝐁𝐫𝐢𝐚𝐧 𝐀𝐫𝐦𝐬𝐭𝐫𝐨𝐧𝐠 𝐑𝐞𝐟𝐥𝐞𝐜𝐭𝐬 𝐨𝐧 𝐁𝐢𝐭𝐜𝐨𝐢𝐧’𝐬 𝐈𝐦𝐩𝐫𝐞𝐬𝐬𝐢𝐯𝐞 𝐆𝐫𝐨𝐰𝐭𝐡

Coinbase CEO Brian Armstrong also weighed in on Bitcoin’s incredible growth, drawing attention to its past performance. Reflecting on Bitcoin’s early days, Armstrong stated that if someone had invested in Bitcoin back in 2012, when Coinbase launched, their $100 investment would be worth over $1.5 million today. He contrasted this with the current state of traditional currency, which has seen its purchasing power eroded by inflation. Armstrong further emphasized Bitcoin’s status as the best-performing asset of the last decade, suggesting that the world is still in the early stages of its financial revolution. He called on nations, especially those battling inflation, to build Bitcoin reserves to protect their economic futures.

𝐀𝐬 𝐁𝐢𝐭𝐜𝐨𝐢𝐧 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬 𝐢𝐭𝐬 𝐮𝐧𝐩𝐫𝐞𝐜𝐞𝐝𝐞𝐧𝐭𝐞𝐝 𝐫𝐢𝐬𝐞, 𝐭𝐡𝐞𝐬𝐞 𝐜𝐨𝐦𝐦𝐞𝐧𝐭𝐬 𝐟𝐫𝐨𝐦 𝐤𝐞𝐲 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐟𝐢𝐠𝐮𝐫𝐞𝐬 𝐫𝐞𝐦𝐢𝐧𝐝 𝐮𝐬 𝐨𝐟 𝐢𝐭𝐬 𝐥𝐨𝐧𝐠-𝐭𝐞𝐫𝐦 𝐩𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐚𝐧𝐝 𝐭𝐡𝐞 𝐠𝐫𝐨𝐰𝐢𝐧𝐠 𝐫𝐨𝐥𝐞 𝐢𝐭 𝐩𝐥𝐚𝐲𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐞𝐜𝐨𝐧𝐨𝐦𝐲.
#CZ #coinbaseCeo

Coinbase recently witnessed a major controversy when its CEO Brian Armstrong and Tron founder Justin Sun had a public disagreement over exchange listing fees. The debate has lifted the curtain on one of crypto’s most controversial applications and revealed a complex landscape of differing policies and experiences.
At the heart of the controversy lies Armstrong's public stance that Coinbase offers "free listings" for tokens. This claim, however, quickly drew criticism from several industry veterans, including Sun himself, who shared a markedly different experience. According to Sun, Coinbase had requested his team provide 500 million TRX tokens—valued at approximately $80 million—along with a substantial Bitcoin deposit of $250 million for custody services.
The plot thickened when Moonrock Capital's CEO Simon stepped into the fray, sharing his own experience with competing exchange Binance. His revelation that Binance requested 15% of a project's total token supply after a year-long evaluation period added another layer to the ongoing discussion about industry practices.
Further challenging Armstrong's position, Andre Cronje of the Fantom Foundation came forward with specific details about his interactions with Coinbase. According to Cronje, the exchange had requested various amounts for token listings, with the most recent figure standing at $60 million. This testimony, along with reports from other crypto experts suggesting Coinbase's listing fees have ranged from $30 million to $300 million, has cast doubt on the exchange's claims of free listings.
The implications of this debate extend far beyond a simple disagreement between industry figures. As cryptocurrency continues its march toward mainstream adoption, the transparency—or lack thereof—in exchange practices becomes increasingly crucial. The stark contrast between public statements and reported experiences raises important questions about the barriers to entry for new projects and the overall fairness of the crypto marketplace.
This controversy has sparked renewed calls for standardization and transparency in exchange listing procedures. The crypto community, known for its emphasis on decentralization and openness, appears increasingly focused on bringing these values to exchange operations. As projects navigate the complex landscape of token listings, clear and consistent policies become essential for maintaining trust and fostering innovation.
The ongoing discourse between Armstrong and Sun serves as a catalyst for broader industry reflection. Whether through regulatory oversight or self-imposed standards, the crypto sector faces mounting pressure to address these discrepancies in listing practices. For investors and project developers alike, understanding these dynamics has become crucial for making informed decisions in an increasingly competitive market.
As this debate continues to unfold, it highlights a critical juncture in the cryptocurrency industry's evolution. The resolution of these transparency issues may well shape the future of how exchanges operate and how new projects gain access to trading platforms. What remains clear is that the crypto community's demand for openness and accountability continues to grow stronger, pushing the industry toward more transparent and equitable practices.

#JustinSun #TRON #coinbase #BrianArmstrong #BASE