Coinbase and Ripple executives unveil master plan to drive U.S. cryptocurrency adoption

According to Cointelegraph, executives at Coinbase and Ripple are taking the lead in promoting smart regulation and transparency in the crypto space, which is said to promote the adoption of blockchain technology and make it mainstream. Coinbase Senior Director and Deputy General Counsel Rachel Nelson and Ripple Global Institutional Market Director Breanne Madigan wrote in a company's official statement: "In order to improve market integrity and provide consumer confidence, Congress may need to enact legislation to support the crypto market. Orderly and secure operation. "They plan to develop broader regulatory requirements, adding that" such legislation may expand the authority of the US Commodity Futures Trading Commission (CFTC), including oversight of the digital commodity trading market. "