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Bitwise CIO Claims SEC Crackdown Is Favoring Coinbase

Bitwise CIO Claims SEC Crackdown Is Favoring Coinbase


CoinGape
2024-05-07 02:35:49

Matt Hougan, the Chief Information Officer (CIO) at Bitwise Investments believes regulatory crackdown from the US Securities and Exchange Commission is favorable to Coinbase exchange. Bitwise CIO Says Coinbase Maintains Competitive Advantage “The hostile regulatory environment is creating an artificial “moat” for Coinbase’s business, helping sustain extremely high margins and allowing them to over-earn in The post Bitwise CIO Claims SEC Crackdown Is Favoring Coinbase appeared first on CoinGape .


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