It warned that failure to appropriately regulate could leave the country even further behind the curve.
One of its investors, VC firm Andreessen Horowitz, laid out a similar proposal for digital assets and other new technologies on Wednesday.Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City.said the U.S. should create a new regulator to oversee digital asset markets as part of a new policy proposal released on Thursday.
Coinbase Chief Policy Officer Faryar Shirzad told CNBC his team deliberately wanted to put out a bold plan to spark discussion. "I think at the end what we thought, because our proposal is just a beginning of a conversation, that it made sense for us not to compromise on the core points of principle that we think people, that policymakers, should think about," he said on an earlier call with reporters.
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