#Coinbase CEO Calls for Regulation#
Hot Topic Overview
Overview
Coinbase CEO Brian Armstrong recently called on the US government to adopt a more crypto-friendly policy to promote economic freedom. He believes that cryptocurrencies can provide benefits such as stable currencies, free trade, secure property rights, and permissionless access. He suggests the government embrace crypto, establish a Bitcoin reserve, support economic special zones, and improve government efficiency. Armstrong also expressed that under the current SEC chair Gary Gensler, the crypto industry has lacked clear regulatory guidance for a long time. He hopes the new administration will bring changes and provide a clearer regulatory framework for industry development.
Ace Hot Topic Analysis
Analysis
Coinbase CEO Brian Armstrong recently published a long post on social media platform X, calling on the new US government to implement crypto-friendly policies to drive economic freedom. He believes that cryptocurrency can offer benefits such as stable currency, free trade, secure property rights, and permissionless access, thereby promoting economic freedom. He suggests the government take measures including accepting cryptocurrency, establishing a Bitcoin reserve, supporting economic special zones, and improving government efficiency. Furthermore, Armstrong also stated that under the leadership of current US Securities and Exchange Commission chairman Gary Gensler, the crypto industry has been lacking clear regulatory opinions, and he hopes the new government can address this issue and provide a clear regulatory framework for the industry. Overall, Armstrong's call reflects the crypto industry's desire for clear regulation and the hope that the government will actively embrace cryptocurrency to promote economic development and freedom.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency can promote economic freedom, offering benefits such as stable currency, free trade, secure property rights, and permissionless access.
The US government should take steps to embrace cryptocurrency, establish a bitcoin reserve, support special economic zones, and improve government efficiency.
US cryptocurrency regulation is unclear, lacking a clear regulatory framework.
Coinbase CEO calls on the US government to clarify cryptocurrency regulatory policies as soon as possible.