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Op-ed: Crypto markets need regulation to avoid more washouts like FTX, says Coinbase CEO Brian Armstrong

by Editor November 12, 2022, 9:00 am 1.5k Views

Op-ed: Crypto markets need regulation to avoid more washouts like FTX, says Coinbase CEO Brian Armstrong

Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City.

Steven Ferdman | Getty Images

FTX — until recently one of the biggest crypto exchanges in the world — declared bankruptcy Friday after revelations about its business practices led to a surge of customer withdrawals, without sufficient funds to fulfill those withdrawals.

Coinbase doesn’t have any material exposure to FTX,…

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