Coinbase Executives Engage UAE Lawmakers Amid US Regulatory Crackdown

Summary: Coinbase CEO Brian Armstrong hailed legislators in the United Arab Emirates for developing reasonable guidelines for crypto businesses and policies to protect users. Indeed the UAE was one of the first jurisdictions to establish a dedicated body for crypto oversight and publish a rulebook for the nascent industry. Armstrong’s remarks come as his crypto company explores off-shore locations due to the souring regulatory landscape in America. A Coinbase executive team and its CEO Brian Armstrong are in the United