#Coinbase CEO Proposes Crypto-Friendly Policy#
Hot Topic Overview
Overview
Coinbase CEO Brian Armstrong recently posted a lengthy article on social media platform X, urging the new US government to implement crypto-friendly policies to drive economic freedom. He believes that cryptocurrencies can offer benefits such as stable currencies, free trade, secure property rights, and permissionless access, and suggests the government take measures to embrace crypto, establish a Bitcoin reserve, support economic special zones, and improve government efficiency. Armstrong also stated that under current US Securities and Exchange Commission (SEC) Chair Gary Gensler, the crypto industry has long lacked clear regulatory guidance, and he hopes the new government will address this issue, providing a clearer regulatory environment for industry development.
Ace Hot Topic Analysis
Analysis
Coinbase CEO Brian Armstrong recently published a long article calling on the new US government to implement crypto-friendly policies to drive economic freedom. He believes that cryptocurrencies can provide benefits such as stable money, free trade, secure property rights and permissionless access, thus enhancing economic freedom. He recommends that the government take a series of measures, including accepting cryptocurrencies, establishing a Bitcoin reserve, supporting economic special zones, and improving government efficiency. Armstrong also said that under the leadership of current US Securities and Exchange Commission Chairman Gary Gensler, the crypto industry has long lacked clear regulatory opinions, and he hopes that the new government will address this issue and provide a clearer regulatory environment for industry development.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrencies can promote economic freedom, bringing benefits such as stable currency, free trade, secure property rights, and permissionless access.
The US government should take steps to promote crypto-friendly policies, such as accepting cryptocurrencies, establishing a Bitcoin reserve, supporting economic special zones, and improving government efficiency.
US regulators should provide clearer regulatory guidance to the cryptocurrency industry rather than remaining ambiguous like the SEC under Gary Gensler.
The cryptocurrency industry needs regulatory clarity to better develop and innovate.