Coinbase CEO: The US is wasting its early lead and reasonable crypto regulations are the only way out.

On June 27th, according to BlockBeats news, Coinbase CEO Brian Armstrong posted on social media, stating that the United States is wasting its early lead in the cryptocurrency industry, partly due to SBF making some politicians and regulators who now want to appear tough on cryptocurrencies feel embarrassed. While others are moving forward, no one in the UK, UAE, and other places is really discussing FTX. The solution to this problem is to establish reasonable regulations, so that consumers can be protected and these issues can be prevented from occurring.