Ryan Vangrack from Coinbase calls for clear crypto guidelines from US legislators on Capitol Hill

Ryan Vangrack from Coinbase calls for clear crypto guidelines from US legislators on Capitol Hill
Ryan Vangrack from Coinbase demands clear crypto policy in the USA
Ryan Vangrack, Vice President of Legal at Coinbase, asked the US legislators to adopt clear guidelines for cryptocurrencies. At a time when the crypto industry continues to become more important, precise control is considered necessary to both promote innovation and to protect investors.
The demand for clear crypto guidelines comes at a time when the regulatory landscape for digital currencies in the USA is unclear and fragmented. Many companies working in the crypto sector are faced with uncertainties that influence their business and investment decisions. A uniform legal framework would not only strengthen trust in these new technologies, but also promote the competitiveness of the US crypto industry at an international level.
vangrack emphasizes that clear regulations are of crucial importance in order to fully use the innovative potential of cryptocurrencies and at the same time ensure legal protection for consumers. This could also help reduce illegal activities within the industry and create a safe environment for everyone involved.
In view of the rapid developments in the field of digital currencies, it is essential that legislators act promptly on Capitol Hill. The implementation of clear guidelines would not only benefit the economy, but also strengthen the public's trust in cryptocurrencies.