BUSINESS
Crypto Hopes for Clear Regulations Post-Election
New York City, USASun Oct 06 2024
As the U. S. presidential election nears, there's a buzz in the crypto industry about potential regulatory changes. Shan Aggarwal, from Coinbase Ventures, shared his thoughts at Messari’s Mainnet conference in New York City. "We’re really hoping for better regulations," he said, indicating that the current SEC approach has been tough on crypto companies like Coinbase.
This year's Mainnet event is all about the future of crypto and how it's becoming more mainstream. Messari, a top market intelligence provider, hosted this conference to bring together industry leaders and explore new trends like tokenizing real-world assets and blending traditional finance with blockchain technology.
Coinbase has been busy partnering with big names in finance, such as BlackRock, to offer platforms for tokenized funds. Aggarwal explained that Coinbase acts as a bridge between traditional finance and crypto, serving various customers including retail clients and businesses.
The conference also saw the launch of Messari Copilot, an AI assistant designed for the crypto industry. This tool uses Messari’s research to provide answers to user queries, giving users a comprehensive view of the crypto landscape.
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questions
What strategic advantages does Coinbase gain from partnering with traditional financial giants like BlackRock?
Why are so many crypto leaders and companies facing legal issues recently?
What are the key regulatory uncertainties facing the crypto industry today?
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