Today we're launching our Digital Asset Policy Proposal (dApp) which we hope will help chart a course for clear regulation of cryptocurrency and web 3.0 in the US. It's critical to bring clarity to this space and ensure America remains a financial leader. github.com/coinbase/digit…
This is not about @Coinbase – we completed more than 75 meetings with stakeholders in government, industry, and academia to help shape this proposal, and we feel it represents a consensus point of view. It's inclusive and democratic by design.
Hopefully this proposal is constructive and is a part of the solution. Here’s an overview of the proposal from our Chief Policy Officer @faryarshirzad
https://twitter.com/faryarshirzad/status/1448711875190050824
Web3 is upon us, and represents an enormous opportunity for America to not just retain its status as a financial hub, but also to encourage innovation, create jobs, and grow the economy.
We can do this all with sensible regulation that protects consumers and creates a level playing field if we work together.
Here is the corresponding op-ed in the WSJ today wsj.com/articles/new-a…
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