Tag: CEO

Coinbase CEO to New SEC Chair: Apologize to the American People and Drop ‘Frivolous’ Cases

Coinbase’s CEO calls on the next SEC chairman to drop “frivolous cases” and apologize to the American people for past actions, citing inconsistent crypto regulations. ‘Withdraw Cases, Apologize’: Coinbase CEO’s Challenge to Future SEC Leadership Coinbase CEO Brian Armstrong criticized the U.S. Securities and Exchange Commission (SEC) for its handling of crypto regulation in a […] Source BitcoincryptoexchangeExchanges CryptoX Portal

JPMorgan CEO Takes Aim at ‘Unfair’ Regulations — Declares ‘It’s Time to Fight Back’

JPMorgan CEO Jamie Dimon called U.S. banking regulations “unfair and unjust,” warning they may destabilize the industry and asserting banks must “fight back” against overreach. JPMorgan’s Jamie Dimon Unleashes Fury on Banking Rules JPMorgan Chase CEO Jamie Dimon criticized U.S. financial regulations at an American Bankers Association event in New York on Monday, calling certain […] Source CryptoX Portal

Tether CEO says company has no plans for IPO for now

Paolo Ardoino, the chief executive officer of Tether, has stated that the crypto company doesn’t have any immediate plans to go public. The Tether (USDT) CEO shared his company’s view on the need for an initial public offering in comments given to FOX journalist Eleanor Terrett. Terrett posted this on X on Oct. 25. Notably, Ardoino’s stance aligns with recent comments made by Brad Garlinghouse, the CEO of Ripple. In his remarks, Ardoino explained that the stablecoin issuer sees an IPO as a move that would hinder its ability to…

Tether CEO denies reports as US probes and weighs sanctions

Tether CEO Paolo Ardoino denied reports of lawmakers investigating the major cryptocurrency company over potential violations of anti-money-laundering and sanctions laws. The reported investigation, led by Manhattan prosecutors, focuses on whether Tether’s cryptocurrency (USDT) has been used to fund illegal activities, such as drug trafficking or terrorism, or to launder money from these activities, according to The Wall Street Journal.  At the same time, the U.S. Treasury Department is considering imposing sanctions on Tether, per WSJ.  Sanctions could prevent Americans from conducting business with the company, primarily because its cryptocurrency…

CryptoQuant CEO predicts Bitcoin will be used as a ‘currency’ by 2030

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Founder and CEO of CryptoQuant, Ki Young Ju, stated a rise in Bitcoin mining difficulty could signal the possibility of Bitcoin becoming a digital currency. According to data from CryptoQuant’s live chart, Bitcoin(BTC) mining difficulty has been on the rise in the past three years. CryptoQuant CEO Ki Young Ju explained that Bitcoin’s mining difficulty has increased by 378%, indicating a rise in competition. An increase in mining difficulty is caused in large part from the influx of large mining companies that are backed by institutional investors which dominate the…