Introducing Stand With Crypto Alliance: Mobilizing the Crypto Community
Coinbase has recently launched Stand With Crypto Alliance, an advocacy organization aimed at mobilizing the crypto industry to actively participate in the US legislative process. The organization’s main goal is to shape the crypto landscape in the US for future generations. Coinbase believes that by organizing a robust crypto community of Americans, they can help legislators create new crypto policies and regulations. Here are the key points about Stand With Crypto Alliance:
1. Purpose: The alliance seeks to involve the crypto industry in US legislation and policymaking.
2. Importance: Coinbase states that the lack of clear rules and unelected regulators pursuing undermining policies has put US economic security and innovation leadership at risk.
3. Public Opinion: According to Coinbase, a staggering 87% of Americans believe that the financial system needs significant changes.
4. Regulatory Landscape: Stand With Crypto Alliance emerges amidst the complex regulatory environment for the crypto industry in the US.
5. Targeted Efforts: The alliance aims to work with various US financial regulators, including the CFTC and SEC.
As Coinbase takes the lead in advocating for the crypto community, the Stand With Crypto Alliance presents an opportunity for crypto enthusiasts to participate actively in shaping their future. By banding together, the crypto industry can ensure that its voice is heard and that policies are designed to benefit all stakeholders. Through collective action, the alliance can help create a more favorable regulatory environment that promotes innovation and strengthens the US economy.
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