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Coinbase calls for new crypto regulator
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finextra.comIn a blog, Coinbase chief policy officer Faryar Shirzad says that while digital assets have quickly become a mainstream part of the financial market ecosystem, "laws drafted in the 1930s to facilitate effective oversight of our financial system could not contemplate this technological revolution".The crypto giant's answer is set out in a paper called Digital Asset Policy Proposal: Safeguarding America’s Financial Leadership (dApp).The paper calls for digital assets to be regulated under a separate framework from the existing financial system and for there to be one federal regulator to do this.
This new framework should have three goals: enhance transparency; protect against fraud and market manipulation; and promote efficiency and market
. Read more on finextra.comAbout this in other media
The solution to crypto regulation may consist of a ‘grand compromise’ ambcrypto.com /2 years ago
Crypto lending firms on the hot seat: New regulations are coming? cointelegraph.com /2 years ago
Hong Kong VC firm, backed by Winklevoss twins, seeks $300 million for new crypto fund ambcrypto.com /2 years ago
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