Coinbase is eyeing the G20 as a forum at which it can push for a unified ruleset for crypto operators globally.
Nana Murugesan, a vice president at the exchange operator, said it hopes to work with finance ministries, central banks and regulators to push for “certain principles that are shared amongst nations.”Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.Coinbase is eyeing the G20 in Brazil as a forum through which to push for a unified ruleset for crypto operators globally.
“With India wrapping that up and Brazil taking that over, that’s another area where we are very, very active,” Murugesan said, adding that he and Coinbase’s CEO Brian Armstrong will visit Brazil — as well as Canada — later this year, which the firm revealed“That’s a forum where we are pretty active, working with the finance ministries and the central banks and the regulators to hopefully get to certain principles that are shared amongst nations,” he said.
The Nasdaq-listed firm accelerated its international drive this year, amid heightened tensions with regulators in the United States. The U.S. Securities and Exchange CommissionSince then, Coinbase has ramped up efforts to get regulated in jurisdictions that offer some kind of licensing regime for crypto firms. The initiative has already yielded registrations in Ireland, The Netherlands and Italy, as well as a provisional approval in Singapore and a license in Germany.
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