Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ADOPTION NEWS»Coinbase counters Senator Warren’s claims
ADOPTION NEWS

Coinbase counters Senator Warren’s claims

By Crypto FlexsDecember 25, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Coinbase counters Senator Warren’s claims
Share
Facebook Twitter LinkedIn Pinterest Email

Recently, cryptocurrency exchange Coinbase Confront Suspicions raised by Senator Elizabeth Warren regarding the hiring of former government officials. Warren’s argument suggests that these hirings could hinder progress in digital asset regulation. Coinbase, represented by Chief Policy Officer Faryar Shirzad, has strongly denied these claims. In his response dated December 22, 2023, Shirzad emphasized that Coinbase is responsible and actively advocating for regulatory action within the cryptocurrency industry. Contrary to Warren’s claims, he argued that accusations of undermining bipartisan cryptocurrency legislation were baseless and misrepresented Coinbase’s intentions. Shirzad emphasized the exchange’s pride in its team of national security experts dedicated to protecting Americans. According to Coinbase, the hiring is part of a broader plan to protect the well-being of cryptocurrency users in the United States. In a letter to Coinbase and other industries, Senator Warren pointed out the recruitment of high-profile figures such as former Secretary of Defense Mark Esper and Bush counter-terrorism adviser Francis Townsend. These individuals currently serve on Coinbase’s Global Advisory Board. Warren argued that her goal was to establish a semblance of legitimacy while resisting regulations designed to limit the use of cryptocurrencies to finance terrorism, which she criticized as exploiting a “revolving door.” In response to Warren’s concerns, Coinbase emphasized the quality of employment and supported “responsible regulation and legislation” in the cryptocurrency space. The company also warned of the potential risks of pushing cryptocurrency legislation overseas, similar to the semiconductor and mobile phone technology sectors. Moreover, Coinbase invited Warren for a comprehensive briefing on their efforts to combat terrorist financing. Blockchain Association CEO Kristin Smith and Coin Center Executive Director Jerry Brito also responded to Warren’s letter, emphasizing the fundamental right to associate and petition the government. They emphasized the importance of engaging industry experts to defend legislative proposals they believe are unconstitutional and harmful. The debate between Coinbase and Senator Warren highlights the complex dynamics of regulation in the fast-growing cryptocurrency market. While Coinbase claims a commitment to responsible regulation and user protection, Warren’s concerns reflect broader concerns about the intersection of former government officials and industry lobbying efforts. This dispute highlights the ongoing tension between the cryptocurrency industry’s aspirations for autonomy and governments’ regulatory goals.

Image source: Shutterstock

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Crypto Exchange Rollish is expanded to 20 by NY approved.

October 2, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Bitcoin Treasury Firm Strive adds an industry veterans and starts a new $ 950 million capital initiative.

September 16, 2025
Add A Comment

Comments are closed.

Recent Posts

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

SHIBA INU (SHIB) and Dogecoin (DOGE) holders are 16,736%of Rally Progast Tempts buyers that are accumulated as Little PEPE (Lilpepe).

October 5, 2025

Solana Future Surge as the institution induces the open interest for the best record.

October 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025
Most Popular

Binance Labs invests in Babylon to facilitate Bitcoin staking.

February 28, 2024

Dogecoin Surges 500%? Analyst Predicts $0.65 to Break Soon!

August 20, 2024

Bitfinex successfully prevented a $15 billion XRP exploit attempt.

January 15, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.