#Coinbase CEO Proposes Crypto-Friendly Policies#
Hot Topic Overview
Overview
Coinbase CEO Brian Armstrong recently published a lengthy post on social media platform X, calling on 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 suggested that the government take measures to embrace cryptocurrencies, establish a Bitcoin reserve, support economic special zones, and increase government efficiency. Armstrong also noted that the crypto industry has lacked clear regulatory guidance under the leadership of current US Securities and Exchange Commission Chair Gary Gensler, and he hopes that the new administration can address this issue and provide a clearer regulatory environment for industry development.
Ace Hot Topic Analysis
Analysis
Coinbase CEO Brian Armstrong recently published a lengthy article urging the new US administration to implement crypto-friendly policies to drive economic freedom. He believes that cryptocurrencies can be a tool to promote economic liberty, offering benefits such as stable currencies, free trade, secure property rights, and permissionless access. Armstrong recommends several actions the government can take to enhance economic freedom, including accepting cryptocurrencies, establishing a Bitcoin reserve, supporting economic zones, and improving government efficiency. He also expressed concern that under the current leadership of the Securities and Exchange Commission chair Gary Gensler, the crypto industry has long lacked clear regulatory guidance and hopes that the new administration will clarify this. Armstrong's call reflects the crypto industry's desire for regulatory clarity, hoping for a reasonable policy framework to facilitate the healthy development of cryptocurrencies and bring new vitality to the US economy.
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 enhance economic freedom, including embracing cryptocurrency, establishing a Bitcoin reserve, supporting economic special zones, and making government more efficient.
The US cryptocurrency regulatory environment lacks clarity and requires clear regulatory guidance.
Under Gary Gensler's leadership, the US cryptocurrency regulatory environment lacks clarity.