Coinbase, Brian Armstrong, believes that banning retail crypto staking withinside the United States could be a horrible circulate through the united states of america's regulators.
In an interview with Bloomberg, Armstrong stated that banning retail crypto staking could now no longer be an excellent concept for any united states of america as it'd harm the enterprise and its destiny growth. He delivered that if any such ban have been to return back into place, it'd most effective push humans toward greater centralized exchanges like Coinbase.
Armstrong stated that he isn't in opposition to the concept of staking in any way. However, he believes that if it have been to be implemented, then there have to be a few type of law round it. He delivered that it have to now no longer be left totally as much as people to determine whether or not or now no longer they need to stake their coins.