Coinbase Wants Coders to Help With Its Crypto Regulation Proposal
A GitHub repository went live Thursday in a bid to make open source a proposed framework to U.S. officials.
“Coinbase wants to be an advisor and a helpful advocate for how the U.S. can can create that sensible regulation,” Armstrong said in the interview. “In fact, there’s a proposal that we’re putting out at the end of this month, or maybe early next month, that is our proposed regulatory framework.”
“We have a proposal that we actually want to put out there that could help maybe create at least one idea about how to move forward,” he said. “But this is going to require input from a lot of people, and that willingness [on the part of lawmakers] to kind of engage with private industry and learn about what the opportunity is here.”
Fresh on the heels of Coinbase asking the U.S. government to create a new regulator to oversee the cryptocurrency industry, the exchange is seeking public input via GitHub.
A repository published Thursday by the crypto giant is seeking suggestions from techno-savvy observers.
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