SEC’s wells notice has led to morale boost at Coinbase: Brian Armstrong

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SEC’s wells notice has led to morale boost at Coinbase: Brian Armstrong
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Coinbase CEO Brian Armstrong has stated that the SEC’s Wells notice has caused a boost in morale. The recently launched L2 base is encouraging builders to focus on non-fiat pegged stablecoins called flatcoins. Brian Armstrong, the chief executive of American crypto exchange Coinbase, took to Twitter on 26 March to share his thoughts on the […]

The recently launched L2 base is encouraging builders to focus on non-fiat pegged stablecoins called flatcoins.on 26 March to share his thoughts on the Wells notice that was issued by the U.S. Securities and Exchange Commission last week.The CEO is apparently keen on looking at the bright side. He added that the SEC’s notice had led to “a noticeable boost in morale.”In his tweet, Brian Armstrong also highlighted the importance of continuing to develop and contribute to the firm’s product line.

“The main goal is to build better products for our customers. Improving the policy landscape is necessary but not sufficient.”

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