Coinbase CEO Brian Armstrong Criticizes Regulatory Overreach: 'Nothing To Capture In Small Government'
Coinbase CEO Brian Armstrong Criticizes Regulatory Overreach: 'Nothing To Capture In Small Government'
This is part of the problem with big government – it tends to get captured politically and start painting outside the bounds of the lawBrian Armstrong, CEO of Coinbase, criticized the government's overreach and lack of transparency amid the ongoing tussle between the cryptocurrency industry and regulatory bodies.
Coinbase首席執行官Brian Armstrong批評政府在數字貨幣行業與監管機構之間持續拉鋸戰中的越權和缺乏透明度。
What Happened: On Monday, Armstrong raised concerns about the "political capture" of government agencies, which emboldens them to make decisions on matters beyond their jurisdiction.
事件經過：週一，Armstrong提出了對政府機構"政治控制"的擔憂，這使它們在超出其管轄範圍的問題上做出決定。
"This is part of the problem with big government – it tends to get captured politically and start painting outside the bounds of the law," Coinbase's top executive said. "If you have small government, there is nothing to capture."
這也是大政府的問題之一 - 它往往會在政治上被控制，並開始超出法律範圍。"如果你有小政府，就沒有什麼可以被控制了。"Coinbase的高管表示。
This is part of the problem with big government – it tends to get captured politically and start painting outside the bounds of the law
— Brian Armstrong (@brian_armstrong) November 4, 2024
If you have small government, there is nothing to capture.
這也是大政府的問題之一 - 它往往會在政治上被控制，並開始超出法律範圍。
— Brian Armstrong (@brian_armstrong) 2024年11月4日
如果你有小政府，那就沒有什麼可以被控制了。
The critical remark came in response to Coinbase's legal head Paul Grewal's claims about the Federal Deposit Insurance Corporation (FDIC) instructing banks to halt or refrain from offering cryptocurrency-banking services.
這一批評是針對Coinbase法律主管Paul Grewal關於聯邦存款保險公司（FDIC）指示銀行停止或暫停提供加密貨幣銀行業務的說法。
"So far we've uncovered more than 20 examples of the FDIC telling banks to "pause" or "refrain from providing" or "not proceed" with offering crypto-banking services. The public deserves transparency, not an agency that's working behind a bureaucratic curtain," Grewal wrote in an X post.
"到目前爲止，我們已經發現了超過20個例子表明FDIC告訴銀行"暫停"或"停止提供"或"不繼續"提供加密貨幣銀行服務。公衆應該得到透明度，而非在官僚幕後運作的機構。"Grewal在一篇發帖中寫道。
The FDIC didn't immediately return Benzinga's request for comment.
美國聯邦存款保險公司並未立即回覆彭博社的評論請求。
Why It Matters: Armstrong's comments come in the wake of Coinbase's ongoing legal battle with the SEC and the FDIC. The cryptocurrency behemoth sued these agencies over attempts to hinder the industry's access to the banking sector and failing to comply with Freedom of Information Act requests.
爲什麼重要：Armstrong的評論是在Coinbase與SEC和FDIC持續的法律鬥爭之後發表的。這家數字貨幣巨頭起訴這些機構，因爲它們試圖阻礙該行業進入銀行板塊，並未能遵守信息自由法案的要求。
Armstrong has previously criticized the SEC for its inconsistent positions on matters such as whether digital assets qualify as securities and if the SEC has the authority to regulate cryptocurrency exchanges. He said that the SEC's approach has caused confusion and undermined trust in regulatory clarity for digital assets.
Armstrong此前批評SEC在數字資產是否符合證券標準以及SEC是否有權監管數字貨幣交易等問題上立場不一致。他稱SEC的做法造成了混亂，破壞了對數字資產監管清晰度的信任。
Coinbase is the largest cryptocurrency exchange in the U.S., allowing trading for coins such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and many more. The platform facilitated trades worth over $2 billion over the last 24 hours, according to CoinGecko.
Coinbase是美國最大的數字貨幣交易所，可以交易比特幣(BTC)、以太幣(ETH)等各種數字貨幣。據CoinGecko稱，該平台在過去24小時內促成了價值超過20億美元的交易。
- Elon Musk's 'DOGE' Department Mention Gives Dogecoin Boost To Top Of Daily Gainers: Memecoin Spikes 6%
- 埃隆·馬斯克的'DOGE'部門提及，使狗狗幣升至每日漲幅最高：模因幣暴漲6%
