Coinbase CEO Armstrong Calls US-China Competition 'Best Thing for America Since Cold War'

According to Bitcoin.com News, Coinbase CEO Brian Armstrong said this month that U.S.-China competition is the best thing to happen to America since the Cold War, arguing that rivalry spurs innovation. His remarks come as the crypto exchange battles traditional banks over digital-asset regulation, following JPMorgan CEO Jamie Dimon's sharp criticism of Armstrong on June 1. Armstrong has framed lighter crypto rules as essential to U.S. competitiveness, warning that stricter policies would hand advantage to China's central bank digital currency and offshore tokens.
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