Would Coinbase Really Leave the US?

By Travis Hoium – Apr 20, 2023 at 11:45AM

NASDAQ: COIN

Coinbase Global

Market Cap

$53B

Today's Change

(-3.37%) -$7.35

Current Price

$210.81

Price as of April 30, 2024, 10:04 a.m. ET

Coinbase faces challenges, but leaving the U.S. is a long way away.

Coinbase (COIN -3.37%) faces potential legal action from the SEC and is losing banking partners left and right. CEO Brian Armstrong has even said the company could leave the U.S. Travis Hoium highlights why that's possible, but a long way off, in the video below.

*Stock prices used were end-of-day prices of April 19, 2023. The video was published on April 19, 2023.

Travis Hoium has positions in Coinbase Global and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Coinbase Global, and Ethereum. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.