Brian armstrong’s critique: coinbase’s ceo, brian armstrong, has publicly criticized SEC commissioner caroline crenshaw. He accuses her of being anti-crypto, particularly against Bitcoin ETFs. Armstrong argues that her regulatory stance significantly hampers the growth and innovation of the cryptocurrency industry.
SEC’s ongoing scrutiny: the SEC is facing increased scrutiny over its approach to cryptocurrencies, highlighted by crenshaw’s controversial positions. As the senate banking committee prepares to vote on her renomination, crypto advocates voice concerns about her impact on the industry’s future development.