A closer look at “Coinbase Allegations Expose Bitcoin Corporate Governance Gap, Says Onramp CEO Michael Tang”, exactly as the source publishes it. Corporate adoption of Bitcoin will stall as long as companies can't show who controls the money, who approves its movement, or whether it's still there, argues Onramp CEO Michael Tanguma. His comments follow recent allegations against Coinbase, which have highlighted a critical weakness in how publicly traded companies handle digital assets. Without clear governance structures, boards and auditors struggle to verify Bitcoin holdings, creating risk for shareholders and regulators.
Tanguma warns that the lack of standardized controls may deter large institutions from adding Bitcoin to their balance sheets, despite growing interest. He points to the need for multi-signature wallets, independent custody, and transparent reporting as essential steps. The current uncertainty could slow the pace of corporate treasury adoption, leaving Bitcoin primarily in the hands of retail and private entities. For the complete material, the listing points back to the source inside the network.