6 Key Priorities for Overhauling US Crypto Regulations | Airdrop Alert Pro

CEO of Richard Teng, the CEO of the highest concentration of crypto exchanges, acknowledges Improved regulatory solutions For the cryptocurrency industry in the United States Theodore Shirzadat least six key priorities have been outlined to improve the crypto regulations framework in the world’s most powerful economies. Interestingly, Coinbase’s suggestion came at the time when U.S. President Donald Trump expressed his commitment to a change. The country enters the crypto capital.

Here are six key priorities for Coinbase to recommend improving the U.S. regulatory environment! Let’s dive in!

Coinbase’s 6 key priorities are U.S. crypto regulations

it is known US Crypto Regulations The landscape absolutely needs emergency renovation. We also know that the current U.S. government is willing to support the cryptocurrency sector to any extent. However, with a clear understanding of key priority areas, any effort to improve the regulatory landscape is unlikely to immediately show a significant impact.

Here, blog posts on Faryar Shirzad about priority areas become very relevant.

In this post, Shirzad explains at least six priority areas, from defining digital assets to providing clear rules for centralized crypto companies.

Given below are the six key priority areas mentioned in the post.

Clearly define digital assets

The post highlights the importance of clearly defining digital assets. It noted that this will help Congress distinguish between securities, commodities and other digital tokens.

CFTC should regulate cryptocurrency movement market

Controversial “non-security” arguments indirectly supporting top companies projecting in them The legal battle against the SECThe Post notes that the Commodity Futures Trading Commission is more capable of regulating top cryptocurrencies Bitcoin and Ethereum than the Securities and Exchange Commission.

Clear blockchain fundraising rules

Shirzad calls for a clear framework for crypto-capital cultivation regulations. The post stressed that it is illogical to classify each token as security.

Stable and stable supervision

Stability regulations have sparked a lot of discussion recently. It is worth noting that the Coinbase CPO post also highlights the relevance of creating a clear Stablecoin regulating framework.

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Protect Defi and NFT from over-regulation

Importantly, this post clearly explains why it is crucial to protect Defi and NFT departments from over-regulation. Shirzad warned that excessive regulation would kill the innovative nature of these sectors.

Provide clear rules for centralized crypto companies

Coinbase CPO also calls for clear federal and state guidelines Centralized encryption entityexplain why guidelines are crucial to accountability.

In short, Coinbase is urging lawmakers to take action before the U.S. loses its edge in crypto innovation. The exchange believes that a balanced regulatory framework will protect consumers while allowing the industry to grow.