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#SuperEx #Coinbase #USElection In the wake of the 2024 U.S. presidential election, Coinbase CEO and founder Brian Armstrong shared his thoughts on how the election outcome could impact the cryptocurrency industry. Armstrong described the election as a “significant victory” for the crypto sector, highlighting opportunities for regulatory clarity and financial inclusivity. Below are his core insights: Click to register SuperEx Click to download the SuperEx APP Click to enter SuperEx CMC Click to enter SuperEx DAO Academy — Space 1. Pro-Innovation Policies and Government Support Armstrong praised the new administration’s demonstrated support for technological and financial innovation, calling it a positive indicator for the crypto space. He emphasized that a balanced regulatory approach could allow crypto businesses to innovate without fear of unclear restrictions. Armstrong noted that this regulatory clarity could attract traditional financial institutions and tech companies to explore and invest in the crypto ecosystem. He also highlighted Coinbase’s commitment to transparency and accountability in the crypto space, saying that a supportive policy framework could accelerate the growth of the industry as a whole. Through clearer guidelines, Armstrong believes that the government could establish trust and delineate compliance boundaries, empowering businesses to innovate responsibly. 2. Financial Inclusivity and the Potential of Crypto Adoption Armstrong touched on the role of crypto in advancing financial inclusion worldwide. He pointed out that crypto has enabled millions of unbanked individuals to access financial services, especially in underbanked regions. Over 1.5 billion people globally lack access to traditional banking, and Armstrong argued that cryptocurrencies — particularly stablecoins and Bitcoin — can provide these individuals with the tools to participate in the global economy. He expressed hope that the government would adopt more supportive measures to boost the adoption of blockchain and cryptocurrency. Armstrong suggested that the United States, with a favorable regulatory landscape, could reinforce its leadership position in global finance, pushing forward innovation in sectors like cross-border payments, microfinance, and financial inclusion. 3. Impact on Global Markets and the Role of U.S. Regulation Discussing the international implications, Armstrong noted that as a leading global economy, the U.S. sets an example for other countries. A regulatory framework that balances innovation with compliance could encourage other nations to adopt similar approaches, advancing the global adoption of crypto. Regarding the role of U.S. regulatory bodies like the SEC, Armstrong urged the new government to work collaboratively with regulators to establish clear policies, especially in emerging areas like decentralized finance (DeFi), NFTs, and stablecoins. He argued that regulatory bodies should prioritize investor protection while allowing the crypto sector to experiment within regulated boundaries. A multi-party dialogue, he believes, could foster an environment where technology and regulation evolve in sync. 4. Technological Advancement and Talent Attraction Armstrong underscored the contribution of the crypto industry to technological innovation and talent attraction. Coinbase, for example, has attracted a diverse team of experts who drive innovation across the industry. Armstrong believes that government policies supporting crypto will continue to draw global talent to the U.S., helping to position the country as a technology leader. If the new administration were to expand visa opportunities and job prospects, it could cement America’s standing as a global hub for tech innovation. Armstrong anticipates that such policies would benefit both the crypto sector and the broader U.S. economy. Conclusion: A Positive Outlook for the Future of Crypto Armstrong concluded by affirming that the 2024 election represents a pivotal moment for the cryptocurrency industry. A supportive policy stance, he argued, could create a more prosperous future for crypto. Achieving sustainable growth in the sector will require both government and industry leaders to balance compliance with innovation. With the new government in place, Armstrong expressed optimism about crypto’s prospects. From policy backing to financial inclusion and international influence, his vision underscores crypto’s vast potential. As regulations become clearer in the coming years, Armstrong believes the crypto sector will gain traction in a stable, thriving environment.

Recently, Coinbase, one of the largest cryptocurrency exchanges globally, announced a new cooperation agreement with the U.S. government, sparking widespread discussion and attention within the crypto community. Under the terms of the agreement, Coinbase will assist the government in strengthening the regulatory framework for the cryptocurrency market and engage in more in-depth collaboration on compliance. This partnership is not only a milestone in the evolving relationship between Coinbase and the government but also a reflection of the changing regulatory environment in the crypto industry. In the long run, it could profoundly impact the entire ecosystem. Click to register SuperEx Click to download the SuperEx APP Click to enter SuperEx CMC Click to enter SuperEx DAO Academy — Space A Pressing Need for Regulation and Compliance: Crypto Market Faces Pressure to “De-Gray” Since its inception, the cryptocurrency market has been a fertile ground for investors pursuing financial freedom due to its decentralization, anonymity, and global accessibility. However, as the market rapidly expands and the number of participants continues to grow, cryptocurrencies have also become a hotbed for illicit activities and financial crimes. This has prompted governments and financial regulators worldwide to tighten oversight, especially in enforcing Anti-Money Laundering (AML) and Know Your Customer (KYC) rules. Coinbase’s recent partnership with the U.S. government signals that regulatory authorities are further promoting the “de-graying” process of the crypto market by collaborating with industry leaders. Such a cooperation model not only improves regulatory efficiency but also helps the crypto market elevate its compliance standards, thereby enhancing the overall ecosystem. For companies that wish to maintain a long-term presence in the U.S. market, this serves as a clear signal: embracing regulation and improving compliance will become the main themes for future development. Coinbase’s Strategic Transformation: From Technology-Driven to Policy Embracement As the first publicly listed cryptocurrency exchange in the U.S., Coinbase has experienced rapid growth over the past few years but has also faced tremendous pressure from regulators. This was particularly evident in 2022 when the U.S. Securities and Exchange Commission (SEC) accused Coinbase of listing certain tokens as unregistered securities, putting the company’s business expansion and compliance strategy under intense scrutiny. Against this backdrop, the new cooperation agreement with the government represents a strategic shift from a defensive stance to an offensive one. By embracing policy and regulation, Coinbase aims to solidify its legitimate status in the market and gain more policy support. By partnering with the U.S. government, Coinbase can gain the trust of regulatory authorities, enhance its compliance and security, and attract more traditional financial institutions and mainstream investors into the crypto market. This move signifies that Coinbase is gradually transitioning from being a purely technology-driven company to becoming a market leader actively promoting industry compliance. Such a transformation will lay a solid foundation for Coinbase’s future development in global markets. Broader Industry Implications: Regulatory Cooperation to Reshape Crypto Market Rules Coinbase’s new cooperation agreement with the U.S. government is not just a strategic choice for one company; it could also trigger profound changes in the entire cryptocurrency industry. Firstly, the cooperation model between regulators and industry leaders is likely to become a trend. More crypto companies will be compelled to reassess their compliance strategies and enhance internal processes and technological capabilities to actively meet regulatory requirements. Secondly, as U.S. regulatory authorities gradually intervene and regulate market order, companies and projects operating in legal gray areas may face stricter scrutiny, leading to a wave of natural selection in the industry. Moreover, this type of regulatory cooperation could set a precedent on a global scale. Regulatory agencies in other countries may follow the U.S. approach by collaborating with leading exchanges or project parties to gain better control over their respective crypto markets. In the future, the global cryptocurrency market is expected to move towards a more “regulated” and “transparent” state, which is undoubtedly a positive development for the healthy growth of the entire industry. The Future of the Crypto Market: Opportunities and Challenges Coexist Although stricter regulations may put pressure on certain crypto projects in the short term, in the long run, these changes will help guide the industry toward a more standardized and transparent direction. For investors, a more transparent and compliant market environment will reduce the risks associated with participating in crypto investments, thereby attracting more mainstream capital inflows. For crypto companies, the key to future competition will be balancing innovation within the framework of compliance and maintaining vitality in a regulated environment. Coinbase’s recent cooperation agreement with the U.S. government is undoubtedly a pivotal moment in the evolution of the cryptocurrency market. It not only signifies a shift from confrontation to cooperation between regulators and industry giants but also heralds a new phase where “compliance is the future” for the crypto industry. In this phase, the interplay between regulation and innovation will become increasingly intense, and companies that can continue innovating within a compliant framework will stand out in future market competition and lead the industry’s development. As the cooperation agreement between Coinbase and the government is gradually implemented, we will wait and see whether this partnership becomes a catalyst for the global crypto market’s journey toward compliance and legalization and what profound changes it will bring to the entire industry.