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Exchanges

Coinbase CEO Brian Armstrong Introduces New Cryptocurrency Initiatives

NBTCBy NBTC30/08/2024No Comments2 Mins Read

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Coinbase CEO Brian Armstrong has introduced a new on-chain address score checker website that allows users to check their on-chain activity on Ethereum and Base.

The platform provides metrics such as transaction counts and active days, with future updates expected to support Ethereum Name Service (ENS) and Base domains.

The launch comes as Armstrong continues to champion mainstream crypto adoption, particularly through payments. Speaking on the “Moment of Zen” podcast, Armstrong highlighted the critical role payments play in enabling crypto’s global reach. “Everyone in the world has to make payments pretty much every day,” Armstrong said, pointing to the potential of stablecoins and layer-2 solutions to facilitate fast and affordable transactions, particularly in emerging markets.

While discussing Coinbase’s evolving approach to regulation, Armstrong reflected on the company’s shift in strategy in Washington, D.C. After years of focusing on educating lawmakers, Coinbase has come to understand the need to exert political influence through initiatives like Super PACs and grassroots campaigns like “Stand With Crypto.” Armstrong described the crypto industry’s previous position as “the little boys’ table” in Washington, but noted positive momentum toward meaningful legislation.

Since Coinbase went public, the company has prioritized both product innovation and regulatory compliance.

*This is not investment advice.

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NBTC

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