Coinbase does not face any bankruptcy risk, says CEO Brian Armstrong

Coinbase does not face any bankruptcy risk, says CEO Brian Armstrong

A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration

Coinbase chief executive said a disclosure in its latest quarterly filing did not indicate the largest US cryptocurrency exchange faced a bankruptcy risk, and it had been made to meet a regulatory requirement.