Coinbase urges US regulators to clear path for banks to offer crypto services

From channelnewsasia.com

Coinbase Global on Tuesday renewed its call for U.S. banking regulators to clarify or revise their position on banks offering cryptocurrency services as well as potentially doing tie-ups with companies in the digital assets sector. The crypto exchange's move comes amid a broader industry push to lobby lawmakers for a regulatory framework to support the sector's growth. Most traditional U.S. banks have steered clear of digital asset firms, citing lack of regulatory clarity. "For the last several years, U.S. bank regulators have unilaterally and undemocratically barred banks from offering crypto services," Coinbase ... (full story)