#Coinbase CEO advocates for crypto-friendly policies#
Hot Topic Overview
Overview
Coinbase CEO Brian Armstrong recently published a long article, urging the new U.S. administration to implement crypto-friendly policies to drive economic freedom. He believes cryptocurrencies can offer benefits such as stable currencies, free trade, secure property rights, and permissionless access, and suggests the government take steps to embrace cryptocurrencies, establish a Bitcoin reserve, support special economic zones, and enhance government efficiency. He also stated that the crypto industry has long lacked clear regulatory guidance under current U.S. Securities and Exchange Commission Chair Gary Gensler, and hopes the new administration will clarify this.
Ace Hot Topic Analysis
Analysis
Coinbase CEO Brian Armstrong recently posted a lengthy message on social media platform X, urging the new US government to implement crypto-friendly policies to promote economic freedom. He believes that cryptocurrencies can serve as a tool to foster economic liberty, providing benefits such as stable currency, free trade, secure property rights, and permissionless access. Armstrong recommends a series of measures for the government, including adopting cryptocurrencies, establishing a Bitcoin reserve, supporting economic zones, and improving government efficiency. He also expressed concern that the crypto industry has long lacked clear regulatory guidance under the leadership of current US Securities and Exchange Commission Chairman Gary Gensler, and hopes the new government will address this issue by providing a clear regulatory framework for industry development. Armstrong's call reflects the crypto industry's urgent need for clear regulation, as well as its expectation that cryptocurrencies will play a role in driving economic freedom.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrencies can promote economic freedom, offering benefits such as stable money, free trade, secure property rights, and permissionless access.
The U.S. government should take steps to embrace cryptocurrencies, establish a Bitcoin reserve, support economic special zones, and improve government efficiency to enhance economic freedom.
The U.S. cryptocurrency industry needs clear regulations to address long-standing regulatory uncertainty.
The Securities and Exchange Commission (SEC) under Gary Gensler has lacked clarity on cryptocurrency regulation.