Coinbase allegations highlight governance gaps hindering corporate Bitcoin adoption

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An opinion piece by Onramp CEO Michael Tanguma, published by CoinDesk, links the Coinbase allegations to a broader problem in Bitcoin's corporate governance. Tanguma argues that companies adopting bitcoin need clear answers about who controls the funds, who authorizes their movement, and whether the holdings actually exist. Without those assurances, he contends, corporate adoption will stall. The article frames these issues as structural rather than tied only to a single firm. The piece is presented as commentary rather than a report of new findings.

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