As The Bitcoin Price Surges, Coinbase CEO Brian Armstrong Issues ‘Worrying’ Bitcoin And Crypto Warning

Bitcoin has continued to climb over the last week, adding to a more-than-50% gain through December.

The bitcoin price has brushed $30,000 per bitcoin during the last 24 hours, hitting $29,300 per bitcoin on the Luxembourg-based Bitstamp exchange, up four-fold from the beginning of 2020 and on track for its biggest monthly gain since May 2019.

Now, after the U.S. Treasury department proposed new “onerous” new bitcoin and crypto regulations, the chief executive of one of the world’s biggest…

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