#Coinbase CEO Offers Regulatory Suggestions#
Hot Topic Overview
Overview
Coinbase CEO Brian Armstrong recently published a long article, suggesting that the new US government implement crypto-friendly policies to drive economic freedom. He believes that cryptocurrency can bring benefits such as stable currency, free trade, secure property rights, and permissionless access, and recommends that the government adopt cryptocurrency, establish a Bitcoin reserve, support special economic zones, and improve government efficiency. Armstrong also stated that the crypto industry has long lacked clear regulatory opinions under the leadership of the current US Securities and Exchange Commission Chairman Gary Gensler, and he hopes that the new government will make changes in this regard.
Ace Hot Topic Analysis
Analysis
Coinbase CEO Brian Armstrong recently published a lengthy article calling on the new US government to implement crypto-friendly policies to drive economic freedom. He believes that cryptocurrencies can provide multiple tools for economic freedom, such as stablecoins, free trade, secure property rights, and permissionless access. Armstrong suggests the government take steps to embrace cryptocurrencies, establish a Bitcoin reserve, support economic special zones, and enhance government efficiency. He also stated that under current SEC Chair Gary Gensler, the crypto industry has long lacked clear regulatory guidance. He believes it's time for the US to get regulatory clarity on some outstanding major issues. Armstrong's remarks indicate that Coinbase and the crypto industry hope for a clearer regulatory framework to promote industry growth and innovation.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency 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 embrace cryptocurrency, establish a Bitcoin reserve, support economic special zones, and improve government efficiency.
The US cryptocurrency industry needs clear regulatory guidance to address long-standing regulatory issues.
The US Securities and Exchange Commission (SEC), under the leadership of Gary Gensler, has lacked clarity on cryptocurrency regulation.