#Coinbase CEO Advises U.S. on Crypto Policy#
Hot Topic Overview
Overview
Coinbase CEO Brian Armstrong recently published a lengthy article calling on the new US government to implement crypto-friendly policies to drive economic freedom. He believes that cryptocurrencies can provide benefits such as stable currency, free trade, secure property rights, and permissionless access, and he recommends measures such as government acceptance of cryptocurrencies, establishment of Bitcoin reserves, and support for economic special zones. Armstrong also stated that under the leadership of current SEC Chair Gary Gensler, US crypto regulation has lacked clarity, and he hopes that the new government will address this issue and provide clear regulatory direction for the industry.
Ace Hot Topic Analysis
Analysis
Coinbase CEO Brian Armstrong recently published a lengthy post on the social media platform X, advocating for a crypto-friendly policy from the new US government to drive economic freedom. He argues that cryptocurrencies can serve as a tool to enhance economic freedom, citing advantages such as stablecoins, free trade, secure property rights, and permissionless access. He recommends that the US government take measures including accepting cryptocurrencies, establishing a Bitcoin reserve, supporting economic zones, and improving government efficiency to foster economic freedom. Armstrong also stated that the US crypto industry finally has a chance to gain regulatory clarity, having faced a lack of clear regulatory guidance under Gary Gensler's leadership. His remarks reflect the crypto industry's expectation of US government policy, hoping that the government will establish a clear regulatory framework to provide a more stable environment for crypto industry development.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrencies can promote economic freedom, bringing benefits such as stable currencies, free trade, secure property rights, and permissionless access.
The US government should take steps to embrace cryptocurrencies, establish a bitcoin reserve, support economic special zones, and improve government efficiency to enhance economic freedom.
The US crypto regulatory environment lacks clarity, with the SEC under Gary Gensler failing to provide clear regulatory guidance.
The industry hopes that the US government will provide clear regulatory guidance on some outstanding major issues as soon as possible.