Coinbase CEO Unveils Latest Trends in U.S. Securities

Coinbase CEO Brian Armstrong posted several tweets this week in Washington, with talks with lawmakers and executives from several government agencies. He said the purpose of the visit was to promote the regulation of the cryptocurrency industry in the United States to deepen communication and understanding with regulators. Regarding the importance of cryptocurrencies, he said, “In terms of jobs, GDP growth and time for innovation, cryptocurrencies are as important as the birth of the Internet - the competition land. That's good. " Some politicians have responded well. The Coinbase team met the participants and made new friends. Finally, he pointed out that business management issues affect many departments, including the Securities and Exchange Commission, the Commodity Exchange and the Ministry of Finance. Currently, some cryptocurrencies are securities (SEC), some are commodities (CFTC), and some are currencies (Vault / IRS).