In response to a hypothetical question, Coinbase CEO Brian Armstrong told his one million Twitter followers that he would rather shut down Ethereum (ETH) staking than comply with censorship regulations if this is true and the company doesn’t expect to face it.
“It’s a hypothesis that we hope won’t really face. But if that’s true, we’ll stop staking Ethereum, I think. We have to focus on the bigger picture. There may be some better options, or a legal challenge can also help achieve a better outcome.”
Earlier this week, Armstrong voiced his dissatisfaction with the Tornado Cash cryptocurrency mixer being considered a national security threat and subsequently banned, but noted that Coinbase will always follow the law.
According to Armstrong, developers should not find themselves legally bound to release open-source code in the United States, even if that code is abused, as they are protected by freedom of speech.
Earlier this month, the developer of Tornado Cash was arrested in Amsterdam on money laundering charges.