Crypto exchange Coinbase (Nasdaq: COIN) has unveiled a detailed 36-point regulatory proposal aimed at reshaping how digital assets are governed in the U.S. The proposal was submitted in response to SEC Commissioner Hester Peirce’s request for industry feedback, as the regulator intensifies its focus on cryptocurrency oversight.

Coinbase emphasized the need for collaboration between regulators, lawmakers, and industry leaders to craft effective rules. The company highlighted growing engagement from the White House, Congress, and the SEC’s new crypto task force, signaling a shift toward clearer regulations.

“Coinbase has engaged in constructive discussions with the SEC’s Crypto Task Force and agency staff. We welcome continued dialogue to resolve uncertainties in digital asset regulations,” the exchange stated.

Key Proposals in Coinbase’s 36-Point Plan

Coinbase’s recommendations focus on defining clear regulatory distinctions and fostering innovation in the crypto industry. Among the major proposals:

• Clarifying Crypto Classifications: Coinbase urges the SEC to distinguish digital commodities from securities, ensuring assets without direct business rights are classified as commodities.
• Secondary Market Clarity: The exchange recommends that secondary sales of digital commodities should not be classified as securities transactions.
• Congressional Oversight: Coinbase advocates for legislative clarity on digital asset regulations, urging the SEC to defer broader market structure decisions to Congress.
• Tokenized Securities Support: The company calls for regulatory relief for blockchain-based financial products, promoting digital investment innovations.

By implementing these measures, Coinbase argues that the U.S. can strengthen its leadership in the global crypto economy while ensuring investor protection.

Coinbase Pushes for U.S. Crypto Leadership

Coinbase insists that regulatory clarity is crucial for blockchain adoption, emphasizing that well-defined rules will attract investment, drive innovation, and solidify the U.S. as a leader in digital assets.

The company also encouraged grassroots advocacy, calling on industry participants and policymakers to actively engage in shaping crypto regulations. Coinbase reaffirmed its long-term vision, stating:

“A balanced regulatory approach will unlock the full potential of blockchain technology and ensure the U.S. remains competitive in the digital asset economy.”

As the SEC reviews these recommendations, the crypto industry awaits its response, hoping for a regulatory framework that supports growth while ensuring market integrity.