Coinbase CEO cites rising threat from China in fresh plea to US officials

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Coinbase CEO Brian Armstrong said it should come 'as no surprise' that Hong Kong has been positioning itself as a new crypto hub.

"The U.S. and other democratic nations are up against digital systems promoted by an ambitious adversary, China," Armstrong wrote, mentioning the Alipay and Tencent payment systems.

Armstrong said it should come"as no surprise" that Hong Kong has been positioning itself as a new crypto hub. His comments came amid a flurry of

 

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