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Coinbase asks for a singular cryptocurrency regulator

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Coinbase executive Brian Armstrong asks for a singular cryptocurrency regulator in the US. According to him, different regulatory bodies have different notions and attitudes about these cryptocurrencies.
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In the USA alone, there’s CFTC (Commodity Futures Trading Commission), SEC (Securities and Exchange Commission), and of course, the treasury. They have different rules and regulations, following all of them is a bit preposterous. And there are other regulators as well.

He thinks that it will be beneficial for everyone involved to have a consolidated body regarding cryptocurrency regulation.

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