Coinbase set six major priorities to address defects in the regulation of American encryption. Through the chief policy employee, Fariar Shirzad, the largest exchange of the United States, urged Congress to act quickly to provide clear and consistent rules for this industry.
He adds to Coinbase campaigns in support of kicks, which include the fighting legal battles to expose organizational misconduct and call for clear and consistent banking services.
Coinbase’s legislative priorities to reform the encryption law
Fariar Shirzad detailed these priorities in A. Blog post Wednesday. Coinbase’s CEO emphasized the need for a balanced approach to innovation and consumer protection. The blog has warned after the lack of a clear legal framework that makes us innovation exposed to danger and consumers vulnerable to fraud.
Accordingly, Coinbase suggested clearly identifying digital assets. Sherzad explained that this will enable Congress to distinguish between securities, goods and other digital symbols, ensuring the protection of investors and market safety.
He also wants the famous exchange CFTC for goods to grant it authority on encryption markets. Specifically, CFTC, not the Securities and Stock Exchange Committee (must organize digital assets like Bitcoin and Ethereum. This is in line with the transformation of the reported policy for the Trump administration amid calls to benefit A lighter organizational touch.
Coinbase also calls for clear rules for raising capital. SEC must create transparent guidelines for Blockchain donations without classifying each symbol as safety. It also wants to implement Stablecoin regulations to ensure full support for these assets and is subject to clear supervision of financial stability.
Another priority is to protect decentralized financing (Defi) and digital trade. According to Coinbase, this would ensure that Defi platforms and non -applicable symbols (NFTS) remain free of excessive regulation. This, as Sherzad says, will encourage innovation.
Finally, Coinbase says the clarity of central encryption bans is vital, which allows exchanges and guardians to follow clear guidelines at the state level of accountability.
Sherzad emphasized that the American risks fail to innovate in Blockchain without a legislative action, and pushing developers and companies to move abroad. The failure to work will make consumers unintended and hinder America’s leadership in the digital economy.
With these, Coinbase urges legislators to seize this opportunity to create an organizational framework that balances innovation with consumer protection. These priorities are in line with the Stock Expacations for 2025, When you lead a favorable organizational environment Market growth.
Coinbase was at the forefront of legal battles against organizational transgression. The company has taken FDIC (Federal DePloy Insurance Corporation), accused of blocking critical documents on overseeing encryption.
In addition, Paul Ghroul, the chief legal official (CLO), witnessed in front of Congress at Crypto Debanking. Grewal strengthened the stock exchange of fair organizational practices. Meanwhile, the US -based stock exchange recently predicted that the favorable organizational environment increases the market growth.
Disintegration
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