• Regulation,  United States

    Coinbase CEO Brian Armstrong Calls for Passage of Clarity Act

    Stablecoin yield fight may be resolved

      Coinbase CEO Brian Armstrong called on the Senate to pass the Clarity Act, following up on Treasury Secretary Scott Bessent’s call in a Wall Street Journal Op-Ed yesterday. Armstrong’s move, in a Thursday evening tweet, is particularly relevant as he was the prime mover in holding up progress on the Act, withdrawing support for an earlier version a day before it was scheduled for markup by the Senate Banking Committee. That move by the biggest U.S. exchange caused the committee’s leadership to delay markup, a necessary step before sending the bill to the full Senate. Armstrong’s opposition was based in large part on the earlier version’s ban on third…

  • Right and Wrong
    People

    Modern Consensus 100 Most Influential: Who got it right and who got it wrong

    The good guesses, the triumphs, the screw-ups and the downright disasters of 2020

    In an industry as young and volatile as crypto, and especially with all the money sloshing around in it, the triumphs and tragedies—or at least successes and screw-up—can be be enlightening and sometimes funny. It’s also a good preview to The Modern Consensus 100 Most Influential People in Crypto 2021, which went live today.

  • Modern Consensus 100 Most Influential People in Crypto 2021
    Crypto Power Lists

    The Modern Consensus 100 Most Influential People in Crypto 2021

    The individuals moving, shaking, and shaping cryptocurrencies and blockchain technology right now

    Coming up with a list of the 100 most influential people in crypto and blockchain is hard in any year. But doing it in 2021 is particularly difficult as the industry advanced from moving into the mainstream to actually being in it. And that makes “influence” a moving target.

  • Coinbase will go public
    Cryptocurrencies,  Regulation

    Coinbase will go public with historic direct stock sale

    The listing will make the U.S.-based cryptocurrency exchange the first firm in the industry to become a public company by selling stock

    The leading U.S. cryptocurrency exchange intends to become a publicly traded company with a direct listing of its Class A shares rather than a traditional IPO.