Speaking with Bloomberg Technology’s Emily Chang, the Coinbase President discussed crypto in 2022 and the need for clear regulation. During the interview, Emilie Choi was asked if she believes 2021 was the year when people started to gravitate toward mainstream adoption or if that is yet to come. Choi responded: Choi asserted that usability is undoubtedly an essential component, along with some amount of legal certainty, for taking crypto adoption to the next level.
Regulation in the U.S.
Regarding regulation, Choi emphasized that more clarity surrounding cryptocurrency legislation in the United States would be critical to the space’s development. Alesia Haas, the Chief Financial Officer of Coinbase, was one of the speakers who appeared before the House Financial Services Committee last week to discuss digital assets and the future of finance. Choi said that she was encouraged by the hearing and believes that politicians in the United States are keen to learn more about cryptocurrency. She also stated that innovation and entrepreneurship might migrate abroad if regulatory uncertainty persists. She went on to say that, although Coinbase is looking forward to continuing to grow its U.S. business, the firm is also investing substantially in worldwide development at the same time.
Coinbase launches NFT marketplace
Since non-fungible tokens (NFTs) are becoming more popular in the mainstream cryptocurrency market Coinbase has entered the space; according to the CEO, NFTs are an enjoyable aspect of the crypto economy in which anybody can join and participate. The Coinbase NFT marketplace, she noted, is something that is tangible and can be experienced so people can sense the enthusiasm that is surrounding NFTs. Watch the full interview: Coinbase President on future of crypto, regulation Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.
