Coinbase 通过合规性和创新开创了加密领域的先河，并实现了创纪录的利润

总部位于美国的加密货币交易所 Coinbase 公布 2023 年净利润为 9500 万美元，强调其对合规性和长期增长的关注。该公司首席财务官 Alesia Haas 讨论了比特币的历史新高、最新的加密货币牛市、SEC 对以太坊立场的影响、Sam Bankman-Fried 的判决以及她从传统金融加入 Coinbase 的动机。哈斯强调了比特币作为价值储存手段和以太坊作为去中心化应用程序平台之间日益明显的差异。她强调需要进行全面的加密货币监管，以便为企业提供透明度并保护消费者。她观察到，最近的加密货币牛市使加密货币重新成为头条新闻并推动了参与度。 Haas 强调，面对 FTX 崩溃，Coinbase 致力于建立信任和合规性。她将数字资产视为金融领域的变革力量，通过代币化和区块链交易提供包容性、速度和成本效益。

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

Coinbase：以合规和创新引领加密货币格局的先驱

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.

美国卓越的中心化加密货币交易所 Coinbase 取得了显着的财务成功，2023 年第四季度净利润达到惊人的 2.73 亿美元，全年净利润达到 9500 万美元。这种堪称典范的表现证明了 Coinbase 在蓬勃发展的加密货币市场中对合规和创新的坚定承诺。

"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 首席执行官布莱恩·阿姆斯特朗 (Brian Armstrong) 在 2 月份最近的一次财报电话会议上表示：“Coinbase 一贯优先考虑长期增长，强调合规运营，即使这不是受欢迎的选择。” “我们竞争对手的捷径和违法行为的后果已经成为警示。”

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 是一位经验丰富的财务高管，于 2018 年 4 月加入 Coinbase，带来了她之前担任 Sculptor Capital Management 和 OneWest Bank 首席财务官的丰富经验。在接受《财富》杂志独家采访时，哈斯分享了她对比特币破纪录之旅、最新加密货币牛市、美国证券交易委员会对以太坊的立场、萨姆·班克曼-弗里德 (Sam Bankman-Fried) 的判决以及是什么吸引她从传统金融进入加密世界的见解。 。

Bitcoin's Trajectory: A Long-Term Perspective

比特币的轨迹：长期视角

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."

本月早些时候，比特币触及 72,000 美元以上的历史新高。哈斯强调了以更广泛的视角看待加密货币历史轨迹的重要性。她解释说：“纵观比特币诞生以来的四个价格周期，我们发现了更高的峰值和更高的低谷的一致模式。” “在不同的时间范围内，比特币的表现始终优于其他资产。”

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.

哈斯将近期比特币价值的飙升归因于比特币 ETF 的推出，这释放了对该资产类别的新需求。此前，许多投资顾问缺乏投资比特币的投资组合，但 ETF 现在提供了一个方便的切入点。

Ethereum's Distinctive Role

以太坊的独特作用

"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."

“我们正在见证比特币和其他加密货币之间的差异，”哈斯观察到。 “比特币主要被视为一种价值储存手段，而以太坊已成为开发人员构建去中心化应用程序的首选平台。”

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.

哈斯强调，以太坊的日益普及是由于其在开发者和用户中越来越多的采用所推动的。她说：“基于以太坊的稳定币和 NFT 的出现表明了该平台用例的不断扩大。”

SEC's Stance on Ethereum: A Question of Classification

SEC 对以太坊的立场：分类问题

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.

在谈到美国证券交易委员会试图将以太坊定义为证券时，哈斯明确表示，“以太坊不是证券。”她指出 SEC 和 CFTC 的历史声明将以太坊（以太坊的原生代币）视为非证券。

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."

哈斯强调了联邦层面全面加密货币监管的必要性。 “我们强烈主张监管的明确性，”她说。 “一个清晰、公平的框架对于保护消费者、确保负责任的市场行为以及为 Coinbase 等企业开发合规产品和促进美国创新提供指导至关重要。”

Lessons from the Crypto Bull Market

加密货币牛市的教训

"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.

“当前的牛市与之前的牛市相似，”哈斯指出。 “加密货币价格上涨导致波动性和参与度增加。” Coinbase 在第四季度的用户活动、净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 的净流入已将加密货币的市值推至超过 2.5 万亿美元。” “这种飙升引起了媒体的关注，并重新激发了散户投资者的兴趣。”

FTX Implosion and Industry Resilience

FTX 内爆和行业弹性

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 的内爆以及 Sam Bankman-Fried 的被捕和随后被判处 25 年监禁，震惊了加密货币行业。哈斯否认对该行业有任何挥之不去的影响。

"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."

“欺诈就是欺诈，目睹市场不当行为受到起诉令人放心，”她说。 “Coinbase 对合规性的坚定重视使我们能够重建客户之间的信任。”

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 强调，在 FTX 丑闻发生后，加密货币投资者开始“转向优质资产”。 “我们观察到人们正在转向 Coinbase 等信誉良好的公司，”她说。

Haas's Journey from Traditional Finance to Crypto

哈斯从传统金融到加密货币的旅程

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，哈斯曾在美林证券和通用电气担任高级职务。她对区块链变革潜力的热情吸引了她进入加密货币行业。

"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."

哈斯解释说：“区块链有能力通过实现现实世界资产的代币化和点对点价值转移来创建一个更具包容性、更快、更便宜的金融系统。” “我渴望成为这个开创性生态系统的一部分。”

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.

哈斯认识到在加密货币领域建立信任的重要性。 “就像传统金融一样，持有客户资产需要将自己打造成值得信赖的品牌，”她说。

The Future of Digital Assets in Finance

金融数字资产的未来

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."

哈斯认为，数字资产已经对金融格局产生了重大影响。 “超过 5200 万美国人拥有加密货币，ETF 为退休账户持有人提供了加密货币敞口，”她说。 “稳定币促进即时、低成本的全球价值转移。”

"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."

哈斯预测：“我们预计区块链交易、现实世界资产的代币化以及连接全球经济的新方式将会增加。” “这些进步将使金融更贴近人们，减少中介机构，并使全球资产的获取民主化。”