The offer came after one of its investors, adventure capital establishment Andreessen Horowitz, released its vision on how to regulate the coming generation of Internet services including blockchain and digital means. As we all know, a16z directors plan to meet with leaders of colorful government departments this week.
A new policy offer released on Thursday that the United States should establish a new nonsupervisory agency to oversee the digital asset request 比特币. It advised that failure to duly regulate may make the country “ pause behind” other governments further.
The offer came after one of its investors, adventure capital establishment Andreessen Horowitz, released its vision on how to regulate the coming generation of Internet services including blockchain and digital means. As we all know, a16z directors plan to meet with leaders of colorful government departments this week.
Coinbase's vision overlaps with Andreessen Horowitz's vision, but contains some nuances and is more focused on digital means. Although a16z lawyerscross-regulatory cooperation, Coinbase stated in its policy report that there should be only one controller in the digital asset request.
Coinbase Chief Policy Officer Faryar Shirzad told CNBC that his platoon intends to develop a bold plan to spark discussion.
Shirzad said"We started where numerous people started, using the diversity of being nonsupervisory agencies, and trying to figure out the lowest surgery that can be done to make effects work."" Also there's a moment, perhaps three or four. A week ago, we just looked at each other (and) we said that further trouble is demanded to try to acclimatize to the current system grounded on the old request structure-I want to say-further intellectual trouble than starting from scrape."
He admitted that the conformation of a new institution is clearly not the"least resistance" path.
"I suppose what we allowed was in the end, because our offer is only the morning of the dialogue, and it makes sense for us not to compromise on the core principles that we suppose people and policymakers should consider,"he said 区块链. Said in an earlier phone call with journalists.
Shirzad said in an earlier conference call that the company has met with about three dozen parliamentarian services and several agencies to bandy colorful aspects of the offer. He said that so far, Capitol Hill's feedback has been" hello."
Coinbase says theU.S. should establish a new cryptocurrency controller
In general, Coinbase stated in its policy report that it needs" clear and comprehensive styles to regulate digital means and conduct applicable monitoring". It stated that regulation needs to fete how technology can profit the public, and advised that the United States has “ lagged” behind other governments in developing comprehensive digital asset regulation.
Still,"Coinbase wrote, pertaining to the"unified approach" espoused by the United Kingdom,"If analogous measures aren't taken."
The company breaks down its recommendations into four pillars
Produce a new nonsupervisory frame for digital means, separate from the nonsupervisory frame of the traditional fiscal system.
Assign the responsibility for regulating the digital request to a new single civil agency and anon-governmental tone-nonsupervisory association analogous to the traditional request.
Cover digital asset holders from fraud and request manipulation, and bear exposure of information to increase translucency 加密货币.
Promote fair competition and interoperability between products
Original Lauren Feiner.
