Coinbase CEO Brian Armstrong thinks that the cryptocurrency regulations that cause uncertainty today can be clarified in 2023.
Armstrong, CEO of cryptocurrency exchange Coinbase, shared his views on what path the industry can take after the collapse of FTX.
“I hope that the collapse of FTX will be the trigger we need to draft new legislation.” said Armstrong, “First of all, A legal clarity regarding central persons and organizations should be provided.” made his comment.
“The best first step is to set up stablecoin issuers, exchanges, custodians, etc. central Providing legal clarity regarding individuals and institutions. Because users highest risk of harm This is where it is.”
Coinbase CEO, not keeping centralized and decentralized cryptocurrency platforms together needs and decentralized platforms More freedom should be allowed is thinking.
Your self-custodial wallets financial services institution not as, software company aspect; and decentralized platforms open source software Armstrong, who said that it should be recognized as an international market, conveyed his expectations for 2023 as follows:
“Legal clarity is provided to central persons and organizations, a fair competition environment is established, and decentralized crypto innovation protected, crypto so many benefits it could be. Malicious individuals and organizations are currently causing distractions, and we must all take responsibility to improve this situation. We will make significant progress in this regard in 2023 and we will get crypto legislation approved I am optimistic about it.”