Coinbase CEO Brian Armstrong wants to see greater regulations for centralized crypto actors, but argues decentralized crypto such as DeFi and DAOs should be left to innovate.
But decentralized protocols aren’t part of that equation, the Coinbase CEO emphasized.
8/ To get there we need to preserve the innovation potential of this technology. Regulation should focus on intermediaries , where additional transparency and disclosure is needed.The Coinbase CEO said that “additional transparency and disclosure” checks are needed for centralized actors because humans are involved, with Armstrong hoping FTX’s fall “will be the catalyst we need to finally get new legislation passed.
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