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

  • Coinbase's Chief Policy Officer (CPO) urges US Congress to establish clear crypto regulations that benefit the industry and protects users.
  • CPO suggests six key priorities including defining digital assets, granting CFTC spot market authority, creating rules for responsible fundraising, establishing a stablecoin framework, protecting DeFi and digital commerce, and ensuring clarity for centralized entities.
  • Coinbase believes that regulatory clarity will unlock the potential of blockchain and safeguard the public while promoting innovation.
  • Coinbase sent a letter to US regulators seeking clarity on crypto banking barriers in the efforts to support the crypto economy.

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