Reported about 6 hours ago
Coinbase has urged U.S. banking regulators to clarify their stance on banks providing cryptocurrency services, amid growing industry advocacy for a supportive regulatory framework. The call for action comes as traditional banks often avoid digital asset firms due to uncertainties in regulation. Coinbase's Chief Policy Officer criticized the existing restrictions and highlighted the industry's investments in pushing for favorable policies, particularly with the recent political climate suggesting a shift towards more crypto-friendly regulations.
Source: YAHOO