Coinbase CEO Speculates on Potential Change of SEC Chairman in 2024!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Sep 10, 2023 19:13

Coinbase CEO Brian Armstrong has made a surprising prediction, stating that the chairman of the United States Securities and Exchange Commission (SEC) could change in 2024. Armstrong shared his thoughts, writing that “it’s entirely possible that the SEC Chairman will change in 2024, and whoever comes in may be more crypto-friendly. The news comes as the SEC continues to review several cryptocurrency-related exchange-traded fund (ETF) proposals. While some crypto enthusiasts hope the new SEC chairman will be more supportive, others believe that the regulatory uncertainty surrounding cryptocurrencies will remain unchanged.