--
[Rob Witoff: Coinbase's Code Writing Highly Dependent on AI, AMLA Warns of MiCA Compliance Pressure] According to Cointelegraph, Coinbase executive Rob Witoff stated that currently 95% to 100% of the code is written or assisted by large language models, up from 40% in February this year. In May, Coinbase laid off 700 employees, and CEO Brian Armstrong noted that AI has changed the pace of work. Bruna Szego, Chair of the EU Anti-Money Laundering Authority (AMLA), warned that after the MiCA transition period ends on July 1, the concentrated migration of users will exacerbate compliance pressure on virtual asset service providers, and licensed institutions will face challenges in onboarding new users.