ChainCatcher news, Coinbase's U.S. policy director Kara Calvert stated in an interview: "Both Republicans and Democrats believe that we need cryptocurrency policy to remain competitive in the global economy, and perhaps the worst current initiative is to push cryptocurrency offshore without regulation."She added that it is important to involve everyone in the crypto industry. (Bloomberg)

ChainCatcher message, initiated by Coinbase's "Stand With Crypto" advocacy group, proposed seven cryptocurrency policy recommendations ahead of the UK elections on July 4.'The cryptocurrency advocacy group stated in a declaration that the next government should promote the UK as a global hub for web3 and tokenization, and establish a joint industry and government working group to explore opportunities to position the UK as this hub.Additionally, it recommended swiftly legislating for crypto assets, adhering to the principle of "same risk, same regulatory outcome" to protect consumers and promote industry growth, including regulating fiat-backed stablecoins to encourage competition in the digital payments space. The organization also prioritized treating proof of stake as a regulated activity and ensuring retail participation, which is crucial for the operation and innovation of proof of stake blockchains.Stand With Crypto UK further suggested that the government should undertake policy work to explore the advantages of decentralization across various sectors such as education, healthcare, and telecommunications, encouraging all government departments to adopt blockchain technology under the leadership of the Department for Science, Innovation and Technology to enhance efficiency and innovation.It also recommended developing a strategy to integrate tokenization into the financial sector, including lifting restrictions on retail access to cryptocurrency exchange-traded notes and providing a sandbox environment for experimenting with the tokenization of real-world assets.

ChainCatcher message, Ethereum co-founder Vitalik Buterin expressed his views on U.S. crypto policy on Twitter: "I am sad to see Solana and other projects being hit in this way; they shouldn't be treated like this. If Ethereum ultimately 'wins' by being kicked off exchanges through all other blockchains, that is not a glorious way to win, and in the long run, it may not even be a victory. The real competition is not other chains, but the rapidly expanding centralized world that is being imposed on us at our expense. I hope all projects achieve a fair outcome in this whole situation." (source link)

Chain Catcher News, Coinbase recently launched a section in its app for pushing crypto policies, allowing users to view the perspectives of different legislators on digital assets in real-time. Users can also register to vote and find information about local town hall activities through the app.Coinbase CEO Brian Armstrong stated that Coinbase plans to integrate relevant political affairs globally in the future and analyze voting data of candidates running for public office and current elected officials. Ultimately, Coinbase hopes to help candidates who support cryptocurrency accept cryptocurrency donations. (Source link)