Coinbase criticizes Oregon for attempting to restart its crypto regulatory model of 'law enforcement replacing legislation'

Odaily Planet Daily News: Coinbase published an article on its official blog criticizing the current regulatory trend of cryptocurrency companies in Oregon, USA, stating that it is attempting to restore the previously widely questioned "regulation by enforcement" model. Coinbase stated that the state's financial regulatory agency is planning to require cryptocurrency platforms to obtain traditional securities brokerage licenses through administrative interpretations, which goes against the trend of regulatory reform at the federal level and may harm the local cryptocurrency innovation environment. Coinbase calls on regulatory agencies to establish a transparent and fair regulatory framework through clear legislation and industry collaboration, rather than repeating the old path that caused regulatory uncertainty.