Coinbase CEO Brian Armstrong said that the country should join the rest of the G20 in having clear rules for the crypto space.
Coinbase faces an uphill battle. Observers warn the law could receive less attention because of the budget dispute at the federal level and increased Senate efforts to crack down on crypto money laundering.Community members responded, with some supporting Coinbase’s efforts and others theorizing why politicians may be against blockchain.Coinbase and said this is a “step towards making a difference with policy.
The Coinbase Stand with Crypto campaign follows the United States Securities and Exchange Commission’s legal actions against the crypto exchange. On June 6, the SECBefore reaching coffee cans, the exchange also to gather support from crypto community members in its fight for favorable crypto policies. However, community members were split, with some offering support by minting the NFTs and others feeling unsure if it would have an impact.
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