Coinbase wants the U.S. government to create a cryptocurrency regulation agency separate from the Securities and Exchange Commission (SEC).

Laws drafted in the 1930s to facilitate effective oversight of our financial system could not contemplate this technological revolution. Elements of those laws do not have room for the transformational potential that digital assets and crypto innovation make possible. They do not accommodate the efficiency, seamlessness, and transparency of digital asset markets, and thus risk serving as an unintended barrier to current innovations in the digital asset economy.

Check It Out: Coinbase Calls on Government to Create Separate Crypto Regulator

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