The moment of encryption or breaking? Coinbase CEO calls Congress to behave now
CEO Coinbase Brian Armstrong He again called for clear encryption regulations, and we urged the legislators to pass the verbs as soon as possible. In a new publication, Armstrong mentioned 52 million Americans who now have encryption, saying they depend on Congress “to get this right.”
His comments come after a big step forward to legislate encryption, as the genius law – which aims to organize Stablecoins – go to the Senate Hall.
Chris Dickson, a partner in Androcon Horwatz, supported Armstrong and explained what the genius bill will achieve: consumer protection, long -term incentives for American builders and investors, and a legal structure that maintains the innovation of Crypto Stateside.
Dixon says: If everyone wants a better internet, the road forward is to create Blockchain networks in America, “says Dixon.
The private sector is not waiting for
Shopify just provided support for USDC payments, which means that customers can now check Stablecoins on the basic Coinbase network. Stripe will be interested in rear accuracy – converting USDC into Fiat and settlement in commercial bank accounts in 34 countries.
Add to the public subscription in that department earlier this month, which caused an increase of 347 % at its share price, and analysts say organizational clarity can ship the US -based encryption companies.
Meanwhile, Tether is monitored by the European Union, where there is a load of the upcoming new rules.
With the presence of large platforms now using Stablecoins and the law that is attached to it, the encryption market is preparing for a new era.
So, the message is completely clear – a clear organization is needed to enter this era in the right way.