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The bottom line is that exchanges will need to collect the name and address for anyone that you send crypto or receive crypto from for any transaction worth over $3,000. We disagree with this for many reasons. https://t.co/jfLsT0FoH0
— Coinbase (@coinbase) December 30, 2020
FinCEN fast tracks regulations for crypto exchanges
Everyone who owns crypto should start to be actively engaged on these issues.
An open crypto network is good for the world, it would be a real shame to have it's potential cut off with bad policy.
This last month has shown how much work we have to do on education/advocacy. https://t.co/wPnSfFfQjO
— Brian Armstrong (@brian_armstrong) December 29, 2020