ChainCatcher report, according to CoinDesk, Katie Harries, Coinbase’s Head of European Policy, stated that Coinbase is not concerned about increased participation from Wall Street giants and traditional financial institutions in the cryptocurrency space, noting that the crypto industry possesses a community base that traditional financial institutions cannot replicate. She added that the advocacy group Stand With Crypto has over 3.7 million members globally, who have made more than 2.5 million contacts with lawmakers. Katie Harries also said that crypto voters have become a lasting force in the global political landscape, and policymakers should promptly move forward with coordinated and sensible regulatory frameworks for cryptocurrency.
Coinbase Executive: Not Concerned About Wall Street’s Crypto Expansion, Calls for Reasonable Regulation
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Summary
Katie Harries, Coinbase’s head of European policy, said the company is not concerned about Wall Street’s increasing interest in crypto. She highlighted strong grassroots support, noting that Stand With Crypto has 3.7 million members who have sent over 2.5 million messages to lawmakers. Harries advocated for a balanced regulatory approach, emphasizing that crypto voters represent a lasting political force. She also stressed the importance of aligning with the EU’s MiCA framework and ensuring that CFT measures are proportionate.
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