Coinbase: the SEC could ban crypto staking

Yesterday, controversy arose over a tweet by Coinbase co-founder and CEO Brian Armstrong regarding crypto staking. In fact, Armstrong reports that he has heard rumors about the possibility that the SEC may ask to ban crypto staking for retail users. 1/ We’re hearing rumors that the SEC would like to get rid of crypto staking in the U.S. for retail customers. I hope that’s not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen. — Brian Armstrong (@brian_armstrong) February 8, 2023 Coinbase, the problem with crypto staking The issue