Close Menu
    What's Hot

    New Bitcoin Prediction: Analyst Foresees $130K Milestone

    June 24, 2025

    Unveiling Midnight Airdrop: Check Your Eligibility Now!

    June 24, 2025

    Top Altcoins to Invest in Amidst $1B Crypto Merger News

    June 24, 2025
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    Finances Zippy
    Subscribe
    • Home
    • Business
      1. Markets
      2. Insights
      3. View All

      New Bitcoin Prediction: Analyst Foresees $130K Milestone

      June 24, 2025

      Unveiling Midnight Airdrop: Check Your Eligibility Now!

      June 24, 2025

      Top Altcoins to Invest in Amidst $1B Crypto Merger News

      June 24, 2025

      Bitcoin Futures Slump as Derivatives Market Stalls

      June 24, 2025

      New Bitcoin Prediction: Analyst Foresees $130K Milestone

      June 24, 2025

      Unveiling Midnight Airdrop: Check Your Eligibility Now!

      June 24, 2025

      Top Altcoins to Invest in Amidst $1B Crypto Merger News

      June 24, 2025

      Bitcoin Futures Slump as Derivatives Market Stalls

      June 24, 2025
    • Crypto
      • Bitcoin
      • Ethereum
    • More
      • About Us
      • Disclaimer
      • Contact
    Finances Zippy
    Home»Crypto»Coinbase Outlines 6 Essential Crypto Regulation Priorities for Investors
    Coinbase Outlines 6 Essential Crypto Regulation Priorities for Investors
    Crypto

    Coinbase Outlines 6 Essential Crypto Regulation Priorities for Investors

    financeBy financeFebruary 21, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Surfing the wave of cryptocurrency’s rising tide, Coinbase’s leading policymaker is urging U.S. legislators to implement a strong regulatory framework that not only safeguards consumer interests but also nurtures the growth of the crypto sector. Elaborating on six key focus areas, the Chief Policy Officer (CPO) underscores the necessity to balance proactive development and user protection in the rapidly evolving cryptocurrency landscape.

    Coinbase Appeals for Regulatory Clarity to Boost Cryptocurrency Industry

    Faryar Shirzad, the CPO of Coinbase, recently took to the company’s blog to advocate for clear and beneficial cryptocurrency regulations from U.S. Congress. Asserting the consequence of ambiguous legislation, Shirzad believes the uncertain regulatory environment hinders innovators and investors alike, stifling the industry’s potential. The current lull in crypto-friendly regulations can be exploited by Congress to enact legislation that provides clear pathways for businesses, protects user interests, and supports new blockchain innovations.

    Striking a chord with the holistic needs of the industry, Shirzad urges legislators to simplify rules and make them accessible to all stakeholders. Integral to his appeal is the protection of Decentralized Finance (DeFi) and digital commerce. He warns of the potential risks in over-regulating these fields, as it could push innovation abroad.

    Decoding Digital Assets Is Central to Crypto Regulation, Says Coinbase CPO

    Charting a course for Congress, Shirzad furnishes six key priorities aimed at providing regulatory clarity and customer protection. First and foremost, he recommends that U.S. lawmakers clarify the categorization of digital assets, distinguishing between securities, commodities, and other token types.

    Shirzad opines that Congress should entrust the Commodity Futures Trading Commission (CFTC) with the authority to supervise the crypto spot market. He believes that digital assets like Bitcoin and Ethereum are commodities, not securities, and hence should fall under the CFTC’s purview for ensuring market transparency and customer protection against fraudulent practices.

    Advocating rules that promote responsible fundraising, Shirzad wants the U.S. Securities and Exchange Commission (SEC) to define clear pathways for blockchain projects to raise capital without deeming every token as a security. Other integral elements of his charter include establishing a transparent framework for Stablecoins, protecting DeFi and digital commerce like smart contracts and NFT platforms, and ensuring clarity for centralized platforms dealing with user funds.

    Frequently Asked Questions

    Who is Coinbase’s Chief Policy Officer?

    Faryar Shirzad is the Chief Policy Officer at Coinbase.

    What is the main call to action from Coinbase’s CPO?

    The primary appeal made by Faryar Shirzad, Coinbase’s CPO, is for the U.S. Congress to enact clear and beneficial regulations for the flourishing cryptocurrency industry.

    What are the key priorities suggested by Coinbase’s CPO for Congress?

    Shirzad has outlined six key areas: clearly defining digital assets, granting CFTC spot market authority, allowing responsible fundraising, establishing a transparent Stablecoin framework, protecting DeFi and digital commerce, and ensuring clarity for centralized entities.

    Coinbase continues on its quest for regulatory clarity, with their latest actions including a letter to U.S. regulators seeking clarity on banking services for crypto businesses. The crypto exchange platform believes in cultivating a comprehensive ecosystem to bolster the growing crypto economy. This aligns with the CPO’s vision of reaping the benefits of broad participation in the crypto industry. As Bitcoin trades at $97,570, the call for boosted regulation in the U.S. crypto market rings louder.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    finance
    • Website

    Related Posts

    New Bitcoin Prediction: Analyst Foresees $130K Milestone

    June 24, 2025

    Unveiling Midnight Airdrop: Check Your Eligibility Now!

    June 24, 2025

    Top Altcoins to Invest in Amidst $1B Crypto Merger News

    June 24, 2025

    Bitcoin Futures Slump as Derivatives Market Stalls

    June 24, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    The Bit Journal– Your Trusted Source for Crypto, Finance, and Technology News

    Sponsor: TBJ PostMarch 14, 2025

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Your hub for trusted crypto news. Get clear insights, trends, and updates from the world of digital finance. Head to our homepage for more content.

    Stay connected. Follow us online:

    Facebook X (Twitter) Instagram Pinterest YouTube
    Top Insights

    New Bitcoin Prediction: Analyst Foresees $130K Milestone

    June 24, 2025

    Unveiling Midnight Airdrop: Check Your Eligibility Now!

    June 24, 2025

    Top Altcoins to Invest in Amidst $1B Crypto Merger News

    June 24, 2025
    Get Informed

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Disclaimer:


    All information provided on this website is for general informational purposes only and should not be interpreted as investment advice. Nothing presented here constitutes an explicit or implicit recommendation regarding any financial product, investment vehicle, or strategy. The content does not take into account your personal objectives, financial circumstances, or specific needs; therefore, you should conduct your own research or seek guidance from a qualified advisor before making any financial decisions. Investing inherently carries risks, including the potential loss of part or all of your capital. This website and its content are not intended for use in jurisdictions where such investment activities are restricted or prohibited and should only be accessed in compliance with applicable laws. Additionally, investor protection regulations in your country or region may not apply to activities conducted through this site. While the use of this website is free of charge, we may have partnerships with certain companies featured on the site and may earn commissions through referral links.

    Type above and press Enter to search. Press Esc to cancel.