Leading Web3 Investment Firm CoinFund Calls for Regulation of Centralized Intermediaries and Safe Harbor Programs

Leading Web3 Investment Firm CoinFund Calls for Regulation of Centralized Intermediaries and Safe Harbor Programs

Publishes 10 Regulatory Principles to Guide Industry’s Regulatory Engagement
NEW YORK–(BUSINESS WIRE)–#Better–Today CoinFund, a leading web3 investment firm, announces the publication of Better Technology, Better System, a whitepaper which outlines the way forward for crypto regulation in the United States with 10 clear regulatory principles. The paper is authored by Christopher Perkins, President of CoinFund, and Member of the CFTC’s Global Markets Advisory Committee (GMAC).

CoinFund’s whitepaper comes as the US crypto industry grapples with increasing regulatory action, including but not limited to the SEC’s Wells Notice to Coinbase and the CFTC’s recent suit against Binance.

The paper offers policymakers 10 concrete recommendations including calling for the regulation of centralized intermediaries but not decentralized technology, and prioritizing sandboxes and safe harbor programs aligned with SEC Commissioner Peirce’s proposals. In addition, the whitepaper c

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