‘Surgical removal’ of crypto will only weaken USD dominance, commentators say By Cointelegraph

The United States’ crackdown on cryptocurrencies and firms will only serve to stifle crypto-related innovation and “weaken” the country, said industry pundits in the wake of Coinbase (NASDAQ:)’s recent Wells notice.

On March 22, crypto exchange Coinbase became the latest crypto firm to receive a “legal threat” — in the form of a Wells notice, just a month after stablecoin-issuer Paxos received its own in February. Some suggest there could be more to come.