“The settlement option on the table was to essentially delist everything other than Bitcoin, and so that would have been the end of the industry in the US.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Brian Armstrong
Opinion
Armstrong: Biden administration unlawfully tried to kill US crypto industry
“The Biden administration really tried to unlawfully kill this industry in America”
Brian ArmstrongJan 23, 2026▶ 2:54Coinbase CEO's Top 3 Crypto Trends for 2026 + More from Davos!
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Armstrong: Sam Bankman-Fried likely committed fraud and lied to FTX investors
“I mean, that that's the moment in my mind where he crossed the line into probably committing fraud. And I think he probably lied to users lied to investors.”
Brian ArmstrongNov 12, 2022▶ 25:23E104: FTX collapse with Coinbase CEO Brian Armstrong + election results, macro update & more
Disclosure
Armstrong: Undoing the GENIUS Act is a red line for Coinbase
“I think there's the bank trade groups, which I believe are trying to undo the genius act. Got it. It just got passed into law four months ago. And for us, that's a red line.”
Brian ArmstrongJan 23, 2026▶ 10:03Coinbase CEO's Top 3 Crypto Trends for 2026 + More from Davos!
AssertionNot checkable as stated
Armstrong estimates 20% of California billionaires left, creating $10B tax deficit
“My estimates would probably be 20% of the billionaires have already left in California, that it's already created a negative ten billion tax hole, even if, even with the amount that they hope to raise from the people who stay.”
Brian ArmstrongJan 23, 2026▶ 24:33Coinbase CEO's Top 3 Crypto Trends for 2026 + More from Davos!
Opinion
Armstrong: SEC Chair Gensler weaponized the agency for political purposes
“Unfortunately, we have a regulator the chair of the SEC, who's kind of weaponized the agency for his own political purposes.”
Brian ArmstrongSep 21, 2023▶ 3:54All-In Summit: In conversation with Brian Armstrong
Opinion
Armstrong: Gensler and Warren do not want crypto in the US
“Right, along with Elizabeth Warren, who, they just don't want crypto to exist in the United States.”
Brian ArmstrongSep 21, 2023▶ 4:03All-In Summit: In conversation with Brian Armstrong
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