#Coinbase CEO recommends crypto-friendly policies for US government#
Hot Topic Overview
Overview
Coinbase CEO Brian Armstrong recently called on the U.S. government to adopt more crypto-friendly policies to promote economic freedom. He argues that cryptocurrencies can offer benefits such as stable currency, free trade, secure property rights, and permissionless access. He suggests that the government should embrace cryptocurrencies, establish a Bitcoin reserve, support economic special zones, and improve government efficiency. Armstrong believes that under Gary Gensler's leadership, the U.S. has experienced a long-term lack of clarity in crypto regulation. He believes now is the time for the U.S. to obtain regulatory guidance on some of the major outstanding issues.
Ace Hot Topic Analysis
Analysis
Coinbase CEO Brian Armstrong recently published a lengthy article suggesting that the new US government implement crypto-friendly policies to drive economic freedom. He believes that cryptocurrencies can serve as a tool to provide people with benefits such as stable currencies, free trade, secure property rights, and permissionless access, thereby promoting economic freedom. He proposes that the government take several measures, including accepting cryptocurrencies, establishing a Bitcoin reserve, supporting economic special zones, and increasing government efficiency. Armstrong also stated that under the leadership of Gary Gensler, US crypto regulation has lacked clarity, and he hopes that the new government will address this issue and provide clear regulatory guidance for the industry. Overall, Armstrong's suggestions reflect the crypto industry's expectations for a more friendly regulatory environment from the US government, and also demonstrate the potential of cryptocurrencies in driving economic freedom.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Cryptocurrency can promote economic freedom and bring prosperity
The US government should take measures to support the development of cryptocurrency, such as accepting cryptocurrency, establishing bitcoin reserves, etc.
The US government should clarify cryptocurrency regulatory policies as soon as possible to provide clear guidance for industry development
The US Securities and Exchange Commission (SEC), led by Gary Gensler, has lacked clear opinions on cryptocurrency regulation