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Crypto Industry’s Hard Lobbying Push Now Includes Coinbase

  • Industry proposals come as White House mulls wide oversight
  • Coinbase argues for creation of separate crypto regulator
Coinbase Sued Over XRP Commissions After SEC Pursues Ripple
Photographer: Tiffany Hagler-Geard/Bloomberg

Add Coinbase Inc. to the ranks of cryptocurrency firms looking to write their own regulation before Washington does. 

The largest U.S.-based crypto exchange released a policy proposal on Thursday calling for the U.S. government to put a new regulator in charge of digital assets and to create a new set of crypto-specific rules, instead of applying decades-old law that governs the rest of the financial system.