Coinbase has urged the U.S. SEC to allow its staff to hold and use cryptocurrencies, aiming to improve regulatory understanding and frameworks for digital assets.
This request, presented by Chief Legal Officer Paul Grewal, seeks to enhance engagement and comprehension of cryptocurrency among SEC staff, potentially leading to more effective regulations.
While the appeal has not yet resulted in market changes, it aims to foster greater stability and confidence in the crypto ecosystem.
Industry reactions are generally positive, emphasizing the need for innovative regulations stemming from practical engagement with cryptocurrencies.
Full story here: https://coincu.com/334718-coinbase-urges-sec-end-crypto-ban
