Posted 12/19/2023, 11:08:46 PM
Coinbase CEO Rebuffs JPMorgan Head's Call to Ban Crypto, Citing Growth and Adoption
- Coinbase CEO Brian Armstrong disagrees with JPMorgan CEO Jamie Dimon's suggestion to ban crypto
- Armstrong points to millions of Americans using crypto to invest as a reason lawmakers are unlikely to shut it down
- JPMorgan itself is advancing blockchain and crypto projects internally despite Dimon's comments
- Crypto has rebounded after bad actors were removed from the system, with bitcoin up 150% in 2023
- Coinbase share price has quadrupled in the past year as crypto market cap doubled to over $1.6 trillion