Coinbase Urges US Congress To Act On Crypto Regulations, Outlines 6 Key Priorities

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Bitcoinist 1d ago

Coinbase Urges US Congress To Act On Crypto Regulations, Outlines 6 Key Priorities - Bitcoinist

Quick Summary:

Coinbase’s Chief Policy Officer (CPO) asked US lawmakers to establish a robust regulatory framework that benefits the crypto industry and American investors, suggesting six key priorities to protect users and develop the sector with clear regulations.

Other key priorities are establishing a Stablecoin framework that ensures stablecoins are fully backed and transparent and protecting DeFi and digital commerce, including DeFi protocols, smart contracts, and NFT platforms.

To reach a balance between innovation and protection, Shirzad advises Congress to keep the rules simple and intuitive, making them straightforward and accessible to everyone.