[Coinbase Proposes Using AI and Blockchain to Reform Anti-Money Laundering Rules for the U.S. Treasury] Coinbase has called on the U.S. Treasury to update anti-money laundering regulations based on the 1970 Bank Secrecy Act, proposing the use of AI and blockchain technology to enhance compliance efficiency. Chief Legal Officer Paul Grewal stated that innovation is a necessary tool to combat crime. The company suggests introducing regulatory 'safe harbors,' recognizing decentralized identity and zero-knowledge proof verification methods, and promoting regulatory sandboxes to test new compliance models. This proposal stands in stark contrast to the Senate's recent strict regulatory proposals for DeFi.