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Blockchain Cointelegraph

Coinbase would rather shut down staking than enable on-chain censorship — Brian Armstrong

With the ban on Tornado Cash, many DeFi proponents are worried that crypto exchanges, which are also the key validators of Ethereum, will succumb to pressure and impose protocol-level censorship.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Coinbase would rather shut down staking than enable on-chain censorship — Brian Armstrong

With the ban on Tornado Cash, many DeFi proponents are worried that crypto exchanges, which are also the key validators of Ethereum, will succumb to pressure and impose protocol-level censorship.

Why this matters

This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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