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Coinbase创始人力挺!加密货币立法将带来巨额资金流入

Coinbase founder voices support! Cryptocurrency legislation will bring massive inflows of capital.

Zhitong Finance ·  Sep 11 09:26

One of the biggest obstacles that the cryptocurrency field needs to address is clear regulation for the entire industry.

Cryptocurrency exchanges$Coinbase (COIN.US)$According to Brian Armstrong, co-founder and CEO of cryptocurrency exchange, one of the biggest obstacles that the cryptocurrency field needs to address is clear regulation for the entire industry. Armstrong believes that this will provide an equal environment for everyone and lead to a significant inflow of funds into the crypto field.

Regarding legislation, Armstrong stated at the Goldman Sachs Communications and Technology Conference, "If the legislation passed in the United States is similar to that already passed in Europe and other places, I believe we will see a large influx of capital."

He added, "The United States will eventually solve this problem because other G20 countries have already progressed along this path, with most countries either passing legislation or in the process of enacting legislation, so the United States cannot wait too long."

Cryptocurrencies have now also become a focal point for Washington politicians, as highlighted by Armstrong, with some U.S. presidential candidates making cryptocurrencies a central part of their agendas.

Armstrong believes that any legislation would be a positive sign for the industry, similar to the growth surrounding Bitcoin ETFs.

Alesia Haas, CFO of Coinbase, stated that in order to reduce future costs in the cryptocurrency field, cryptocurrencies need to be fully commoditized and adopted by all participants.

Haas said, "I don't believe that cryptos have been commoditized yet. I think unless cryptos are adopted by every bank and fintech company in the ecosystem and then drive commoditization, we won't see spread compression. In the case of commoditization, you will start to see cost compression."

As of press time,$Bitcoin (BTC.CC)$Reported $56,592.

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