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Coinbase Wants Coders to Help With Its Crypto Regulation Proposal

Fresh on the heels of Coinbase asking the U.S. government to create a new regulator to oversee the cryptocurrency industry, the exchange is seeking public input via GitHub.A repository published Thursday by the crypto giant is seeking suggestions from techno-savvy observers.“This framework represents our good-faith suggestions on a U.S. regulatory framework for digital assets,” Coinbase wrote. “We encourage your contributions to this discussion about the role of digital assets in our shared economic future.”A Coinbase spokesman confirmed it’s the first time the company has used GitHub to solicit feedback on policy matters. (The company’s engineering team has long used it for open-source code.)Read more: Coinbase Proposes US Create New Regulator to Oversee CryptoAs of press time, one user has proposed two pull requests; two users have chimed in with quick words of encouragement.The proposal from the publicly traded crypto exchange comes as regulatory discussions in Washington, D.C., swirl – made all the more juicy by the looming prospect of the first approval of a bitcoin futures exchange-traded fund (ETF) by U.S. regulators.Venture capital giant (and early Coinbase backer) Andreessen Horowitz is also assembling a crypto policy proposal for U.S. lawmakers.

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