Coinbase CEO: "G20 Will Follow U.S. Bitcoin Stockpiling Precedent"

Source
JOON HYOUNG LEE

Summary

  • Coinbase CEO Brian Armstrong said that G20 countries are likely to follow U.S. cryptocurrency stockpiling policy.
  • CEO Armstrong viewed the U.S. executive order on Bitcoin and cryptocurrency stockpiling as a historic moment.
  • CEO Armstrong predicted that G20 countries would follow the U.S. precedent regarding cryptocurrency stockpiling.

Coinbase Chief Executive Officer (CEO) Brian Armstrong claimed that "the Group of Twenty (G20) will follow the U.S. cryptocurrency strategic stockpiling policy."

CEO Armstrong stated through X (formerly Twitter) that "(the cryptocurrency stockpiling executive order) is a moment that will go down in Bitcoin (BTC) and cryptocurrency history." U.S. President Donald Trump signed an executive order to strategically stockpile Bitcoin and other cryptocurrencies on this day.

CEO Armstrong said, "Now G20 countries will also pay attention (to cryptocurrency stockpiling)," adding that "I expect they will eventually follow the U.S. precedent."

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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