Blockchain Report on Nostr: Coinbase CEO Brian Armstrong has strongly criticized California's proposed tax plan ...
Coinbase CEO Brian Armstrong has strongly criticized California's proposed tax plan targeting billionaires, labeling it "unconstitutional asset confiscation" during a recent podcast appearance. Armstrong, speaking on the Katie Miller podcast, indicated that Coinbase is "open to any and all relocation options," signaling potential departures from the state. This statement follows previous indications from Armstrong and Coinbase in 2021 that they would permanently close their San Francisco office. However, the company later signed a four-year lease for a 150,000-square-foot San Francisco office space that began in 2025.
#crypto #blockchain #news
Published at
2026-08-26 13:01:41 UTCEvent JSON
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"content": "Coinbase CEO Brian Armstrong has strongly criticized California's proposed tax plan targeting billionaires, labeling it \"unconstitutional asset confiscation\" during a recent podcast appearance. Armstrong, speaking on the Katie Miller podcast, indicated that Coinbase is \"open to any and all relocation options,\" signaling potential departures from the state. This statement follows previous indications from Armstrong and Coinbase in 2021 that they would permanently close their San Francisco office. However, the company later signed a four-year lease for a 150,000-square-foot San Francisco office space that began in 2025.\n\n#crypto #blockchain #news ",
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