Tags: MSTR

The crypto community is slowly turning against meme coins following high-profile scandals and scams involving some of these ersatz tokens. 

Brian Armstrong and Tyler Winklevoss welcomed the CFPB’s operational pause, with Armstrong labeling the agency as an “activist organization.”

Armstrong suggests automating Coinbase’s token review with customer feedback and on-chain scans, citing overwhelming weekly token launches.

In its support of compliance efforts, Coinbase has signaled a readiness to adjust its offerings, including a possible USDT delisting.

Tyler Winklevoss will also hold law firms accountable for hiring ex-SEC officials linked to regulatory overreach against crypto.

Coinbase ended ties with Milbank over ex-SEC director’s hiring, urging ethical hiring practices across the crypto industry.