Coinbase's Ambition Is To Replace Banks, CEO Brian Armstrong Says
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Coinbase (NASDAQ: COIN) CEO Brian Armstrong has set an ambitious target for the leading U.S. cryptocurrency exchange: replacing consumer banks. "Ultimately, we want to be a bank replacement for people," Armstrong told Fox Business last week. "We want to be their primary financial account." Armstrong said Coinbase and the cryptocurrency industry in general could offer more efficient financial servi ...