Coinbase CEO: The U.S. should clarify cryptocurrency legislation, while Hong Kong and Europe are leading

ChainCatcher news, Coinbase CEO Brian Armstrong cited on Twitter that "Hong Kong will officially open cryptocurrency trading to all citizens in June this year," stating that the U.S. may lose its long-standing status as a financial center due to the lack of clear regulations and a harsh regulatory environment for cryptocurrencies. Brian urged the U.S. Congress to take action as soon as possible to clarify legislation. He pointed out that the EU, the UK, and Hong Kong are currently leading in terms of openness to cryptocurrencies. (source link)