Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Coinbase CEO Threatens to Leave California Over Proposed Billionaire Tax

Guavy AI Editorial Team
Share

Coinbase CEO Brian Armstrong is considering leaving California due to the state's proposed billionaire tax. He called it 'deeply un-American' and potentially unconstitutional.

Armstrong, worth an estimated $8.8 billion, has paid 'tons of taxes' on his income but opposes a wealth tax as it 'starts to feel like a third-world country.'

The Coinbase boss also praised former President Trump's approach to the cryptocurrency industry and criticized the Biden administration for its perceived anti-crypto policies.

More on Crypto

Crypto just now

XRP Price Pulls Back from $1.7 High as Bitcoin Dominance Takes Center Stage

Crypto 1m ago

Robinhood Predicts XRP Price Surge by August 26, 2026

Crypto 2m ago

Goldman Sachs Lifts Coinbase Price Target to $196

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy