Coinbase CEO: Cryptocurrencies are the future of money

Brian Armstrong, CEO of Coinbase, published a blog post titled "The Future of Money is Here - and It's Cryptocurrency" on the company's website on Tuesday. Armstrong stated that after a large-scale market adjustment, the value of cryptocurrency has increased by 90% this year and trading volume in the fourth quarter has surged by 60%. He also pointed out that there are currently 425 million people worldwide who own cryptocurrency, and 83% of G20 countries and major financial centers have implemented or are developing regulations to provide certainty for the industry. With this scale and momentum, innovation will be built on itself. In addition, Armstrong emphasized that cryptocurrency will not only exist but is the future of money, and the industry has opened up illegal activities that have hindered its progress, and compliant growth has arrived.