Coinbase CEO: Coinbase is operating as usual, there is no risk of a customer run, and it will not abandon its staking business

ChainCatcher news, according to Jin10, Coinbase CEO Brian Armstrong stated that Coinbase is operating as usual. There is no risk of a customer run on Coinbase. Staking services account for 3% of net revenue, and Coinbase will not abandon this business.

In addition, Brian Armstrong mentioned that Coinbase had sought more guidance from the SEC but did not receive a response. Several lawmakers in Congress and the White House have recognized the importance of cryptocurrency technology. The U.S. Congress is currently more supportive of cryptocurrencies. (Source link)