Coinbase CEO Highlights "Clear Path To Register" For Crypto
Also Read: Elon Musk Hails Vitalik Buterin’s Insights on “Community Notes”\ advertisement Earlier, the US SEC was taken to Court by Coinbase to address the issue of whether it was willing to give clarity on the rulemaking for the industry. With the latest CFTC license approval to offer regulated crypto derivatives, the onus is now on the agency to provide the much needed relief surrounding the regulatory fear, uncertainty and doubt (FUD). In this context, Armstrong stated that the market participants are willing to register if there is actually a clear path to do so. Coinbase CEO: Major Moment The CEO said the CFTC approval marks a huge milestone for the Crypto Market in terms of clarity. Meanwhile, the general market perception is that in the next 12 months, the US SEC could finally open doors for institutional Bitcoin exposure via spot ETFs. “Major moment for crypto regulatory clarity in the U.S. This has been a multi-year pr...