Coinbase wants special regulator for crypto market outside of SEC

Coinbase wants special regulator for crypto market outside of SEC

Coinbase calls for new regulator and framework for the crypto sector - Oops!Something went wrong.Please try again later. - Oops!Something went wrong.Please try again later. Coinbase is calling for vast changes in how the crypto sector is regulated. On Thursday the company released a digital asset proposal in which its Chief Policy Officer Faryar Shirzad called for cryptocurrencies and other digital assets to be regulated under a separate legal framework by a single federal agency. Furthermore, the proposal calls for separate disclosure requirements on particular digital assets such as stablecoins. The proposal comes a month after Coinbase (COIN) CEO Brian Armstrong voiced objections on Twitter in response to the SEC's decision to block its lending product. Given Coinbase's size as one of the world's largest crypto exchanges, the decision not …
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