Coinbase CEO: We'd Shut Down Ethereum Staking If Threatened by Regulators

From decrypt.co

Between the U.S. Treasury Department sanctioning coin mixer Tornado Cash earlier this month, and the long-awaited Ethereum merge quickly approaching, blockchain technologists are increasingly concerned that government regulations could impact the fundamental operation of Ethereum and its post-merge proof-of-stake consensus mechanism. Coinbase CEO Brian Armstrong responded to a hypothetical scenario on Twitter today, saying that in the event of regulatory threats, his company would shut down its Ethereum staking service in order to preserve the integrity of the blockchain network.The question was posed on Sunday by ... (full story)