Advertisement
Singapore markets open in 6 hours 32 minutes
  • Straits Times Index

    3,272.72
    +47.55 (+1.47%)
     
  • S&P 500

    5,074.41
    +63.81 (+1.27%)
     
  • Dow

    38,513.85
    +273.87 (+0.72%)
     
  • Nasdaq

    15,723.29
    +271.98 (+1.76%)
     
  • Bitcoin USD

    66,797.17
    +238.59 (+0.36%)
     
  • CMC Crypto 200

    1,436.70
    +21.94 (+1.55%)
     
  • FTSE 100

    8,044.81
    +20.94 (+0.26%)
     
  • Gold

    2,342.30
    -4.10 (-0.17%)
     
  • Crude Oil

    83.37
    +1.47 (+1.79%)
     
  • 10-Yr Bond

    4.5900
    -0.0330 (-0.71%)
     
  • Nikkei

    37,552.16
    +113.55 (+0.30%)
     
  • Hang Seng

    16,828.93
    +317.24 (+1.92%)
     
  • FTSE Bursa Malaysia

    1,561.64
    +2.05 (+0.13%)
     
  • Jakarta Composite Index

    7,110.81
    +36.99 (+0.52%)
     
  • PSE Index

    6,506.80
    +62.72 (+0.97%)
     

Coinbase Wants Coders to Help With Its Crypto Regulation Proposal

Fresh on the heels of Coinbase asking the U.S. government to create a new regulator to oversee the cryptocurrency industry, the exchange is seeking public input via GitHub.

A repository published Thursday by the crypto giant is seeking suggestions from techno-savvy observers.

“This framework represents our good-faith suggestions on a U.S. regulatory framework for digital assets,” Coinbase wrote. “We encourage your contributions to this discussion about the role of digital assets in our shared economic future.”

A Coinbase spokesman confirmed it’s the first time the company has used GitHub to solicit feedback on policy matters. (The company’s engineering team has long used it for open-source code.)

ADVERTISEMENT

Read more: Coinbase Proposes US Create New Regulator to Oversee Crypto

As of press time, one user has proposed two pull requests; two users have chimed in with quick words of encouragement.

The proposal from the publicly traded crypto exchange comes as regulatory discussions in Washington, D.C., swirl – made all the more juicy by the looming prospect of the first approval of a bitcoin futures exchange-traded fund (ETF) by U.S. regulators.

Venture capital giant (and early Coinbase backer) Andreessen Horowitz is also assembling a crypto policy proposal for U.S. lawmakers.