CryptoQuant CEO: Over-regulation of Coinbase violates the essence of cryptocurrency
CryptoQuant CEO Ki Young Ju said in an X post that cryptocurrencies are inherently uncensored finance, and overregulating Coinbase misses the point. He believes that in the crypto world, self-regulation based on customer trust is better, which is why Binance is used all over the world.
Previously, Alex Svanevik, CEO of on-chain data analytics company Nansen, wrote that the user experience of Coinbase is worse than that of banks, including the need to fill in the form repeatedly for each withdrawal, the account will be randomly closed for security reasons, and the Solana withdrawal needs to wait for 10 hours.