Brian Armstrong: Regulatory Risks Prevent Monero Listing On Coinbase

Coinbase. This was announced by the head of the company Brian Armstrong, answering a question about a possible listing of Monero (XMR).

According to him, the company often raised the issue of adding this tool to the site and even advised it with the help of regulatory agencies, but came to the conclusion that the authorities do not welcome work with private tools. “They often say that we do not need to do this (approx. Listing Monero)” – said Brian Armstrong, noting that this is necessary in order to resolve the issue of possible sanctions. He must recognize that positive outcomes cannot threaten anyone.

“It is important for me that the crypto exchange passes the test of time and is not closed due to actions by the authorities. Here I am playing in the long term, ”concluded the head of the trading platform.