Regulation
Coinbase Supports US Crypto Regulatory Law — TradingView News
Key points:
- The bill aims to provide regulatory clarity for digital assets
- Coinbase invests in elections to elect political allies
Coinbase, in collaboration with a group of digital asset organizations and companies, is supporting a bill aimed at establishing a regulatory framework for digital assets in the United States. The bill is seen as a way to provide regulatory clarity to the digital assets sector, which currently lacks clear guidelines.
In response to a regulatory crackdown on the cryptocurrency industry, companies like Coinbase Global are investing in this year’s elections. The goal of this investment is to influence the outcome and elect political allies.