brian armstrong coinbase
  • Coinbase's Brian Armstrong flagged rumors that the SEC may want to ban crypto staking for retail investors.
  • Staking is a popular way for customers to earn yield in exchange for locking up their crypto assets.
  • The SEC has repeatedly stated that most digital tokens could be regulated as securities. 

Coinbase CEO Brian Armstrong will not be happy with the US Securities and Exchange Commission if the regulator bans a crypto income-generating technique known as staking for retail investors. 

In a string of tweets on Wednesday, Armstrong wrote he was "hearing rumors" that the agency would like to "get rid of staking."