Big news in the world of cryptocurrency! Coinbase, a huge company that lets people buy and sell digital money, wants to change how the government handles crypto. They think Bitcoin and others are like gold or oil (commodities), not stocks (securities).
They spent lots of money to help a new political party win, and now they want new laws to help the crypto industry grow.
This could make it easier for people to use crypto in the US. It's like a big game of moving the pieces around on a chessboard!
- Coinbase wants the government to change how it looks at crypto.
- They think crypto should be treated like commodities, not stocks.
- This could affect how much crypto costs and how easily people can use it.
| Fact | Details |
|---|---|
| Crypto Market Size | About $3.3 trillion |
| Coinbase's Goal | Change crypto regulations |
| Key Players | Coinbase, SEC, CFTC |
