Coinbase 透過合規性和創新開創了加密領域的先河，並實現了創紀錄的利潤

總部位於美國的加密貨幣交易所 Coinbase 公佈 2023 年淨利潤為 9,500 萬美元，強調對合規性和長期成長的關注。該公司財務長 Alesia Haas 討論了比特幣的歷史新高、最新的加密貨幣牛市、SEC 對以太坊立場的影響、Sam Bankman-Fried 的判決以及她從傳統金融加入 Coinbase 的動機。哈斯強調了比特幣作為價值儲存手段和以太坊作為去中心化應用平台之間日益明顯的差異。她強調需要進行全面的加密貨幣監管，以便為企業提供透明度並保護消費者。她觀察到，最近的加密貨幣多頭市場使加密貨幣重新成為頭條新聞並推動了參與。 Haas 強調，面對 FTX 崩潰，Coinbase 致力於建立信任和合規性。她將數位資產視為金融領域的變革力量，透過代幣化和區塊鏈交易提供包容性、速度和成本效益。

Coinbase: A Pioneer Navigating the Crypto Landscape with Compliance and Innovation

Coinbase：以合規和創新引領加密貨幣格局的先驅

Coinbase, the preeminent centralized crypto exchange in the United States, has achieved remarkable financial success, posting a staggering $273 million in net income for the fourth quarter of 2023, culminating in a net profitability of $95 million for the entire year. This exemplary performance stands as a testament to Coinbase's unwavering commitment to compliance and innovation in the burgeoning crypto market.

美國卓越的中心化加密貨幣交易所 Coinbase 取得了顯著的財務成功，2023 年第四季淨利潤達到驚人的 2.73 億美元，全年淨利潤達到 9,500 萬美元。這種堪稱典範的表現證明了 Coinbase 在蓬勃發展的加密貨幣市場中對合規和創新的堅定承諾。

"Coinbase has consistently prioritized long-term growth, emphasizing compliant operations, even when it wasn't the popular choice," asserted Brian Armstrong, CEO of Coinbase, during a recent earnings call in February. "The consequences of our competitors' shortcuts and legal violations have served as a cautionary tale."

Coinbase 執行長 Brian Armstrong 在 2 月最近的一次財報電話會議上表示：“Coinbase 一貫優先考慮長期增長，強調合規運營，即使這不是受歡迎的選擇。” “我們競爭對手的捷徑和違法行為的後果已經成為警示。”

Alesia Haas, a seasoned financial executive, joined Coinbase in April 2018, bringing a wealth of experience from her previous roles as CFO for Sculptor Capital Management and OneWest Bank. In an exclusive interview with Fortune, Haas shared her insights on Bitcoin's record-breaking journey, the latest crypto bull market, the SEC's stance on Ethereum, the sentencing of Sam Bankman-Fried, and what drew her to the world of crypto from traditional finance.

Alesia Haas 是一位經驗豐富的財務主管，於 2018 年 4 月加入 Coinbase，帶來了她之前擔任 Sculptor Capital Management 和 OneWest Bank 財務長的豐富經驗。在接受《財富》雜誌獨家採訪時，哈斯分享了她對比特幣破紀錄之旅、最新加密貨幣牛市、美國證券交易委員會對以太坊的立場、薩姆·班克曼-弗里德(Sam Bankman-Fried) 的判決以及是什麼吸引她從傳統金融進入加密世界的見解。 。

Bitcoin's Trajectory: A Long-Term Perspective

比特幣的軌跡：長期視角

Earlier this month, Bitcoin reached an all-time high of over $72,000. Haas emphasized the importance of taking a broader perspective on crypto's historical trajectory. "Looking at the four price cycles since Bitcoin's inception reveals a consistent pattern of higher peaks and higher troughs," she explained. "Bitcoin consistently outperforms other assets over various time frames."

本月早些時候，比特幣觸及 72,000 美元以上的歷史新高。哈斯強調了以更廣泛的視角看待加密貨幣歷史軌跡的重要性。她解釋說：“縱觀比特幣誕生以來的四個價格週期，我們發現了更高的峰值和更高的低谷的一致模式。” “在不同的時間範圍內，比特幣的表現始終優於其他資產。”

Haas attributed the recent surge in Bitcoin's value to the introduction of Bitcoin ETFs, which unlocked new demand for this asset class. Previously, many investment advisors lacked portfolio access to Bitcoin, but ETFs now provide a convenient entry point.

哈斯將近期比特幣價值的飆升歸因於比特幣 ETF 的推出，這釋放了對該資產類別的新需求。在此之前，許多投資顧問缺乏投資比特幣的投資組合，但 ETF 現在提供了一個方便的切入點。

Ethereum's Distinctive Role

以太坊的獨特作用

"We're witnessing a differentiation between Bitcoin and other cryptocurrencies," Haas observed. "Bitcoin is primarily valued as a store of value, while Ethereum has emerged as the preferred platform for developers to build decentralized applications."

「我們正在見證比特幣和其他加密貨幣之間的差異，」哈斯觀察到。 “比特幣主要被視為一種價值儲存手段，而以太坊已成為開發人員構建去中心化應用程式的首選平台。”

Haas emphasized that Ethereum's rising popularity is driven by its increasing adoption among developers and users. "The emergence of stablecoins and NFTs built on Ethereum demonstrates the expanding use cases for this platform," she said.

哈斯強調，以太坊的日益普及是由於其在開發者和用戶中越來越多的採用所推動的。她說：“基於以太坊的穩定幣和 NFT 的出現表明了該平台用例的不斷擴大。”

SEC's Stance on Ethereum: A Question of Classification

SEC 對以太坊的立場：分類問題

Addressing the SEC's attempt to define Ethereum as a security, Haas stated unequivocally, "Ethereum is not a security." She pointed to the historical statements from both the SEC and CFTC deeming Ether, Ethereum's native token, as a non-security.

在談到美國證券交易委員會試圖將以太坊定義為證券時，哈斯明確表示，“以太坊不是證券。”她指出 SEC 和 CFTC 的歷史聲明將以太坊（以太坊的原生代幣）視為非證券。

Haas underscored the need for comprehensive crypto regulation at the federal level. "We strongly advocate for regulatory clarity," she said. "A clear and equitable framework is essential to protect consumers, ensure responsible market conduct, and provide guidance for businesses like Coinbase to develop compliant products and foster innovation in the United States."

哈斯強調了聯邦層級全面加密貨幣監管的必要性。 「我們強烈主張監管的明確性，」她說。 “一個清晰、公平的框架對於保護消費者、確保負責任的市場行為以及為 Coinbase 等企業開發合規產品和促進美國創新提供指導至關重要。”

Lessons from the Crypto Bull Market

加密貨幣牛市的教訓

"The current bull market resembles previous ones," Haas noted. "Rising crypto prices lead to increased volatility and engagement." Coinbase experienced elevated user activity, net inflows, and trading volumes during the fourth quarter.

「目前的牛市與之前的牛市相似，」哈斯指出。 “加密貨幣價格上漲導致波動性和參與度增加。” Coinbase 在第四季的用戶活動、淨流入和交易量均有所增加。

"The influx of net inflows into ETFs has pushed crypto's market cap to over $2.5 trillion," Haas said. "This surge has garnered media attention and reignited interest among retail investors."

哈斯表示：“ETF 的淨流入已將加密貨幣的市值推至超過 2.5 兆美元。” “這種飆升引起了媒體的關注，並重新激發了散戶投資者的興趣。”

FTX Implosion and Industry Resilience

FTX 內爆和產業彈性

The crypto sector was shaken by the FTX implosion and the arrest and subsequent sentencing of Sam Bankman-Fried to 25 years in prison. Haas dismissed any lingering impact on the industry.

FTX 的內爆以及 Sam Bankman-Fried 的被捕和隨後被判處 25 年監禁，震驚了加密貨幣行業。哈斯否認對該行業有任何揮之不去的影響。

"Fraud is fraud, and it's reassuring to witness the prosecution of market misconduct," she said. "Coinbase's unwavering emphasis on compliance has allowed us to rebuild trust among our customers."

「欺詐就是欺詐，目睹市場不當行為被起訴令人放心，」她說。 “Coinbase 對合規性的堅定重視使我們能夠重建客戶之間的信任。”

Haas emphasized the "flight to quality" among crypto investors following the FTX scandal. "We've observed a shift towards reputable companies like Coinbase," she said.

Haas 強調，在 FTX 醜聞發生後，加密貨幣投資者開始「轉向優質資產」。 「我們觀察到人們正在轉向 Coinbase 等信譽良好的公司，」她說。

Haas's Journey from Traditional Finance to Crypto

哈斯從傳統金融到加密貨幣的旅程

Prior to joining Coinbase, Haas held senior roles at Merrill Lynch and General Electric. Her passion for blockchain's transformative potential drew her to the crypto industry.

在加入 Coinbase 之前，哈斯曾在美林證券和通用電氣擔任高階職位。她對區塊鏈變革潛力的熱情吸引了她進入加密貨幣產業。

"Blockchain has the power to create a more inclusive, faster, and cheaper financial system by enabling the tokenization of real-world assets and peer-to-peer value transfer," Haas explained. "I was eager to be part of this groundbreaking ecosystem."

哈斯解釋說：“區塊鏈有能力透過實現現實世界資產的代幣化和點對點價值轉移來創建一個更具包容性、更快、更便宜的金融系統。” “我渴望成為這個開創性生態系統的一部分。”

Haas recognized the importance of building trust in the crypto space. "Just as with traditional finance, holding customers' assets requires establishing oneself as a trusted brand," she said.

哈斯認識到在加密貨幣領域建立信任的重要性。 「就像傳統金融一樣，持有客戶資產需要將自己打造成值得信賴的品牌，」她說。

The Future of Digital Assets in Finance

金融數位資產的未來

Haas believes digital assets have already made a significant impact on the financial landscape. "Over 52 million Americans own crypto, and ETFs provide retirement account holders with crypto exposure," she said. "Stablecoins facilitate instant and low-cost global value transfer."

哈斯認為，數位資產已經對金融格局產生了重大影響。 「超過 5,200 萬美國人擁有加密貨幣，ETF 為退休帳戶持有人提供了加密貨幣敞口，」她說。 “穩定幣促進即時、低成本的全球價值轉移。”

"We anticipate increasing blockchain transactions, tokenization of real-world assets, and new ways to connect the global economy," Haas predicted. "These advancements will bring finance closer to people, reduce intermediaries, and democratize access to global assets."

哈斯預測：“我們預計區塊鏈交易、現實世界資產的代幣化以及連接全球經濟的新方式將會增加。” “這些進步將使金融更貼近人們，減少中介機構，並使全球資產的獲取民主化。”