Coinbase CEO Slams EU for “Borderline Looting” of U.S. Tech Firms

Coinbase CEO Brian Armstrong has sharply criticized the European Union’s regulatory approach, claiming the bloc is extracting excessive revenue from American technology companies through what he describes as punitive fines. In a post on X, Armstrong argued the practice “borders on looting,” pointing to data from 2024 that, in his view, shows a troubling imbalance. […] The post Coinbase CEO Slams EU for “Borderline Looting” of U. S source: https://www.ethnews.com/coinbase-ceo-slams-eu-for-borderline-looting-of-u-s-tech-firms/