coinbase / digital-asset-policy-proposal

Digital Asset Policy Proposal: Safeguarding America’s Financial Leadership
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More Transparency #9

Open Codes4Fun opened 3 years ago

Codes4Fun commented 3 years ago

As part of good faith and wanting disclosures, how about some of your own disclosures?

From the Coinbase Blog post:

A number of us have been working diligently on this for some time, consulting with experts, crypto builders, opinion leaders, and policymakers from across the country.

Who is being consulted?

From Brian Armstrong:

This is not about Coinbase — we completed more than 75 meetings with stakeholders in government, industry, and academia to help shape this proposal, and we feel it represents a consensus point of view. It’s inclusive and democratic by design.

Who are these people, agencies, organizations, etc?

It is important to understand if there are conflicts of interest, or if some parties have not be consulted who may be affected by poorly defined terms. For example a lot of game/app stores are basically digital asset marketplaces, are they going to be subject to this new agency, should they be consulted, have they been consulted?