CryptoQuant CEO: Excessive regulation of Coinbase goes against the essence of cryptocurrency

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X that cryptocurrency is essentially uncensorable finance, and that excessive regulation of Coinbase has missed the point. He believes that self-regulation based on customer trust is better in the crypto world, which is also the reason why Binance is used worldwide.

Previously, Nansen CEO Alex Svanevik had posted that Coinbase's user experience is worse than that of banks, including issues such as needing to fill out forms repeatedly for each withdrawal, accounts being randomly closed for security reasons, and Solana withdrawals taking 10 hours to process.