CEO
Coinbase CEO Says Clarity Act Is A Freight Train Leaving The Station
Coinbase CEO Brian Armstrong says that critical legislation to advance crypto in the US has “a good chance of getting done” after witnessing strong bipartisan support for the crypto market structure bill this week. The Digital Asset Market Clarity Act seeks to clarify the roles of the Securities and Exchange Commission, the Commodity Futures Trading […]
KindlyMD Drops 55% As CEO Warns of Volatility
Shares in the healthcare-turned-Bitcoin holdings company KindlyMD Inc. halved on Monday as its CEO warned of an upcoming increase in “share price volatility” and encouraged short-term traders to sell if they’re only looking to profit. “We expect share price volatility may increase for a period of time,” David Bailey said in a shareholder letter on […]
Crypto Treasury Firms Introduce Counterparty Risks to Bearer Assets: CEO
Bitcoin (BTC) and crypto treasury firms pose similar risks as collateralized debt obligations (CDOs), securitized baskets of home mortgages and other types of debt that triggered the 2007-2008 financial crisis, Josip Rupena, CEO of lending platform Milo and former Goldman Sachs analyst, told Cointelegraph. Crypto treasury companies take bearer assets with no counterparty risk and […]