Fund Manager: Regulation Rumors Not Likely to Affect Bitcoin in Long Term

Fund Manager: Regulation Rumors Not Likely to Affect Bitcoin in Long Term

Yesterday, the chief executive of top Bitcoin exchange Coinbase, Brian Armstrong, revealed that the U.S. Treasury is likely targeting Bitcoin. Armstrong elaborated that he thinks this could have extremely negative effects on the space. Still, Kyle Samani, a managing partner at Multicoin Capital, doesn’t see this as a concern for Bitcoin’s rally. Coinbase CEO Talks Bitcoin Regulation Rumors Yesterday, the chief executive of top Bitcoin exchange Coinbase, Brian Armstrong, released a thread alleging impending regulation […]


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From shorter consultations to insider comments, recent rumors about U.S. regulation of private crypto wallets have some compelling context.