Coinbase Holidays With Large Blockchain Industry Group

Law360 (August 11, 2020, 6:28 PM EDT) – Coinbase on Tuesday said it was leaving the Blockchain Association, an industry group it helped found, citing “recent decisions” that the cryptocurrency platform believes that it “could irreversibly impair the credibility of the society. “

A Coinbase representative confirmed to Law360 that the cryptocurrency market was leaving the Blockchain Association, but did not specify what decisions led to her departure.

“It is a great disappointment that Coinbase has pulled out of the Blockchain Association,” the spokesman said. “However, recent decisions made by the association and its board appear to be at odds with the society’s mission. We believe that decisions made now have the potential to irreversibly impair the credibility of the …

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