Coinbase CEO says he supports privacy rights and looks forward to working with the Treasury Department to combat a small number of abusers

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PANews
03-21
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PANews reported on March 21st that Coinbase CEO Brian Armstrong stated on X platform, "No one wants bad actors to use cryptocurrency, but privacy is crucial for law-abiding citizens, and sanctioning open-source code violates the principles of freedom of speech". He welcomed Tornado Cash being removed from the OFAC sanctions list and said he looks forward to collaborating with the Treasury Department to combat the few abusers (approximately 0.1%).

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