Brian Armstrong, chairman and CEO of Coinbase Global. Photo: Victor J. Blue/Bloomberg via Getty Images
Even facing a Securities and Exchange Commission lawsuit, U.S. crypto exchange Coinbase is now the industry's regulatory frontman. CEO Brian Armstrong spoke to Axios on the company's new role from the nation's capital Thursday.
Why it matters: It is taking over a role that once belonged to FTX, whose collapse contributed to a crackdown that is threatening to push much of the industry abroad.