Faryar Shirzad 🛡️ @faryarshirzad Twitter profile

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@bokeplokalmalam

Faryar Shirzad 🛡️

@faryarshirzad

3 years

The EU Parliament votes on Thursday, March 31 on modifying the Transfer of Funds Regulation. Their latest draft could significantly violate individual financial freedom, irreparably harm the cryptoeconomy, & stifle the future of innovation across the EU.

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Faryar Shirzad 🛡️

@faryarshirzad

2 years

1/ We have long been calling for a workable crypto securities framework. Today, @coinbase is formalizing those calls in a petition to @SECGov , requesting rules that work for digital asset securities. 🧵

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Faryar Shirzad 🛡️

@faryarshirzad

5 months

The President was not served well by his team. He is using his extraordinary veto power to protect a sneaky bureaucratic move by the @SECGov Chair to hide behind his staff to destabilize an entire industry. If SAB121 were a formally ratified agency rule, it would be one thing.

Bitcoin Magazine

@BitcoinMagazine

5 months

BREAKING: 🇺🇸 President Biden vetoes bill that would allow highly regulated financial firms to custody #Bitcoin and crypto.

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Faryar Shirzad 🛡️

@faryarshirzad

10 months

We responded to Senator Warren's letter accusing @coinbase of hiring national security veterans as a way to fight bipartisan legislation. In our response, we said that: - We are very proud of our record of rooting out illicit activity on our platform, and of our deep partnership

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Faryar Shirzad 🛡️

@faryarshirzad

8 months

Fact 1: Crypto exchanges like @coinbase have to register with @USTreasury under the Bank Secrecy Act and follow the same standards as banks. To say otherwise is just not true. Fact 2: @ewarren is proposing that crypto protocols (software and code) be treated like crypto

Bloomberg Crypto

@crypto

8 months

Senator Elizabeth Warren is looking to level the playing field when it comes to crypto, saying it should have the same regulation as other financial systems

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Faryar Shirzad 🛡️

@faryarshirzad

3 years

Today is my first day at Coinbase as Chief Policy Officer

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

Great few days in London with @brian_armstrong and other @coinbase colleagues meeting government leaders and regulators on the important steps they have taken to advance their goal of making the UK the world’s leading crypto hub.

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Faryar Shirzad 🛡️

@faryarshirzad

6 months

Join us tomorrow for a great discussion on national security with a fantastic group of experts👇 @BlockchainAssn @KMSmithDC @ARedbord @DavidJUrban @CampbellJAustin

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Faryar Shirzad 🛡️

@faryarshirzad

3 years

1/ Today, we launched @Coinbase ’s Digital Asset Policy Proposal: Safeguarding America’s Financial Leadership (dApp). We’ve consulted with U.S. policymakers, crypto experts, and academics from across the country. You can find the most important points here

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Faryar Shirzad 🛡️

@faryarshirzad

3 years

Some reasons for optimism about President Biden’s Executive Order. The White House seems to understand and embrace the transformational potential of digital asset technology, and the importance of maintaining American leadership. Some thoughts:

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Faryar Shirzad 🛡️

@faryarshirzad

3 years

Thank you to my incredible colleague Alesia Haas for representing @Coinbase and the entire crypto community so well before @FSCDems & @FinancialCmte . You can find Alesia’s opening statement here:

Coinbase 🛡️

@coinbase

3 years

Coinbase believes digital assets: 👉 will drive transformational change across society in positive ways. 👉 have the power to create more financial freedom for everyone. Read Alesia’s opening remarks👇

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

We're pleased to announce the formation of @coinbase 's Global Advisory Council, with @SenToomey , @TimRyan , @JohnAnzo , @chrislehane and @RepSeanMaloney as our first members. Read our latest blog post for details:

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Faryar Shirzad 🛡️

@faryarshirzad

9 months

🇺🇸🇺🇸🇺🇸 @coinbase has the best legal team anywhere. Massive shout out to our amazing CLO @iampaulgrewal and our killer head of litigation @MinarikIPLaw who are in court today defending @coinbase , our ecosystem, American innovation and the rule of law against government overreach

paulgrewal.eth

@iampaulgrewal

9 months

Ready.

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

Yet more congratulations to @PatrickMcHenry for getting the Clarity for Payment Stablecoins Act across the line with bipartisan support. It’s been a historic week, and a big step forward for consumer protection.

Financial Services GOP

@FinancialCmte

1 year

#BREAKING : Chairman @PatrickMcHenry 's Clarity for Payment Stablecoins Act passes the Financial Services Committee with BIPARTISAN support. After fifteen months of bipartisan collaboration, this landmark legislation is one step closer to becoming law.

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Faryar Shirzad 🛡️

@faryarshirzad

10 months

🇫🇷🇺🇸🇫🇷🇺🇸🇫🇷🇺🇸 Very excited to have our French registration in hand. France is an extraordinary market, with world-class regulators, and a President who wants to make France an international digital asset hub. Let’s go! 🇫🇷🇺🇸🇫🇷🇺🇸🇫🇷🇺🇸

Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC

France's AMF watchdog gave Coinbase a virtual asset service provider approval, which is effectively a green light to operate crypto services in the country.

www.cnbc.com

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

Great to have @USTreasury engaged on the good work being done on the Hill on legislation. Final enactment will take time, but the Biden Admin's engagement is critical.

Yellen says more crypto regulation 'would be appropriate'

Treasury Secretary Janet Yellen said on Wednesday that regulation "would be appropriate" in the crypto industry and she supports regulatory oversight.

www.foxbusiness.com

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Faryar Shirzad 🛡️

@faryarshirzad

3 years

Excited to announce that I will be joining @Coinbase as Chief Policy Officer.

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Faryar Shirzad 🛡️

@faryarshirzad

2 years

Meanwhile, in Hong Kong, China...

HK Regulators to Host Meeting to Help Crypto Firms With Banking

Hong Kong regulators are convening a meeting between crypto firms and bankers in a bid to ease financing for the sector as the city seeks to establish itself as a hub for virtual assets.

www.bloomberg.com

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Faryar Shirzad 🛡️

@faryarshirzad

2 months

Have been pleased to take part in a number of discussions with the Harris team. Very much appreciate their constructive approach and their focus on advancing innovation, jobs and consumer protection in the US. The dialogue had been an important first step, and Brian Nelson’s

Sheila Warren

@sheila_warren

2 months

👀

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Faryar Shirzad 🛡️

@faryarshirzad

5 months

This is a massive political development. President @JoeBiden and his team will now have to decide: 1) Do they agree that there’s a crypto voter block that they need to speak to? 2) Do they agree that the future of crypto should be built in the US? 3) Do they agree that the

Bitcoin Magazine

@BitcoinMagazine

5 months

BREAKING: 🇺🇸 Donald Trump says "I will ensure that the future of crypto and #Bitcoin will be made in the USA" "I will support the right to self custody to the nations 50 million crypto holders"

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Faryar Shirzad 🛡️

@faryarshirzad

5 months

The Statement of Administration Policy on FIT21 is out, and it's a massive step forward: - accepts that comprehensive legislation is needed - doesn't reject the need for a securities title - recognizes that crypto legislation is needed to ensure US leadership in finance -

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Faryar Shirzad 🛡️

@faryarshirzad

10 months

There’s an ongoing debate in DC about how the US lost tech leadership on semiconductors and mobile phone technology. The national security implications of both losses are profound and far-reaching and factor significantly in America’s geopolitical strategy, particularly in East

Kristin Smith

@KMSmithDC

10 months

1/ Tonight, I received a letter from Sen. Warren criticizing a recent letter to Congress cosigned by dozens of former US military, intelligence officers, and national security professionals. Here’s the letter from Nov. 15:

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

Hong Kong decides to adopt crypto into its financial system late last year. In under 8 months they have rules in place and a regulator committed to working constructively with the industry. The race to lead on crypto is on even if the US government isn’t paying attention.

Tyler Winklevoss

@tyler

1 year

Hong Kong 🇭🇰 is ready to lead in crypto. Had a great meeting w/ the SFC — HK's regulator for crypto — during @gemini 's world tour. Very encouraged w/ their thoughtful & clear approach. Many imp industry players making HK home and a vibrant ecosystem is developing here. Exciting!

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Faryar Shirzad 🛡️

@faryarshirzad

10 months

Seeing my @coinbase colleagues remain focused on building through the winter has been among the coolest professional experiences I’ve ever had. The steady cadence of announcements has been almost unbelievable - Base, multiple country launches, the expansion of our US derivatives

Coinbase 🛡️

@coinbase

10 months

We are excited to announce the next phase of our Coinbase International Exchange expansion - the launch of non-US spot markets for eligible customers, designed to address the unique needs and demands of our global user base.

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

In the UK Mon/Tue, now in DC today and tmrw. Excellent meetings with D & R leaders who understand the need for regulatory clarity, and the need to keep the US in the lead on digital asset & crypto innovation. @coinbase @brian_armstrong @karacalvert @FendrickLamar @AshleyEGunn1

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Faryar Shirzad 🛡️

@faryarshirzad

6 months

🇨🇦🇨🇦🍁🍁🇨🇦🇨🇦🍁🍁🇨🇦🇨🇦 Big news for @coinbase in Canada. Many thanks to @ontariosec and the Canadian Securities Administrators for providing a path for us to register as a restricted dealer and serve the growing market across Canada. 🇨🇦🇨🇦🍁🍁🇨🇦🇨🇦🍁🍁🇨🇦🇨🇦

Coinbase secures restricted dealer license in Canada, pushing expansion abroad amid SEC crackdown

Coinbase said it has been registered in Ontario as a restricted dealer under the Canadian Securities Administrators.

www.cnbc.com

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Faryar Shirzad 🛡️

@faryarshirzad

23 days

This is an important and constructive statement from @KamalaHarris . It’s not nearly as forward leaning as the concrete and visionary positions taken by @realDonaldTrump , but it’s still notable because: - she recognizes digital asset innovation as being important and on par

Jennifer Epstein

@jeneps

23 days

NEWS: VP Harris says at a fundraiser on Wall St. that she "will encourage innovative technologies like AI and digital assets while protecting our consumers and investors."

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@faryarshirzad

1 year

1/ Amazing few days in DC. @standwithcrypto and @coinbase brought together more than 50 Web3 entrepreneurs and innovators from around the country to meet with Members of Congress. The result was simply incredible.

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

1/ Today @coinbase launched “Crypto: Moving America Forward,” our national campaign to educate the public about crypto and blockchain’s vitality to American global economic leadership and national security.

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Faryar Shirzad 🛡️

@faryarshirzad

5 months

@tedcruz putting his money where is mouth is on ensuring that the future of the financial system is built in the US, and that Texas leads the way.

Ted Cruz

@tedcruz

5 months

I just bought 3 Bitcoin miners that started hashing today in Iraan, TX. I’m proud to join the ranks of Texas #BITCOIN miners!

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

Facts: All US based crypto exchanges like @coinbase must register with US Treasury and comply with the Bank Secrecy Act. As required by law we do AML and KYC checks on all customers on-boarding and trading on our platform. We apply all US sanctions and prevent transactions

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Faryar Shirzad 🛡️

@faryarshirzad

4 months

At @coinbase , we could not be more proud to be the partner of choice for those who keep us all safe 🇺🇸: “Today, the U.S. Marshals Service (USMS), an agency within the U.S. Department of Justice that is responsible for asset forfeiture, announced that it selected Coinbase Prime

Coinbase Institutional 🛡️

@CoinbaseInsto

4 months

Just announced: the U.S. Marshals Service selects Coinbase Prime to provide custody and advanced trading services for its large cap digital assets portfolio. Read more about this partnership ↓

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Faryar Shirzad 🛡️

@faryarshirzad

8 months

Very proud of what my @coinbase colleagues have accomplished in 2023. A tough year for many in crypto, but a huge year of building for Team @coinbase . Couldn’t be more excited about what’s in store for 2024.

Coinbase 🛡️

@coinbase

8 months

Our Q4'23 and full-year 2023 update is in. Read the full shareholder letter and tune into our earnings call:

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Faryar Shirzad 🛡️

@faryarshirzad

2 years

1/ Electing leaders who are pro innovation and who favor sensible crypto policy is critical to our mission of increasing economic freedom. That’s why we’re launching an initiative to help the crypto community to get engaged and be heard. Read more:

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Faryar Shirzad 🛡️

@faryarshirzad

10 months

$78 million and counting for the Fairshake Super PAC. 215+ thousand Americans signed up with Stand With Crypto as advocates. The first ever National Crypto Presidential Forum in New Hampshire. 2 founder fly-ins and 50+ meetings with congressional offices in DC. Multiple

Coinbase 🛡️

@coinbase

10 months

52 million Americans own digital assets. It's time they all got a fair shake. The crypto industry has donated $78 million – and counting – from 20 leading companies and voices to support bipartisan, crypto-forward candidates in 2024. More here. 🛡️

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@faryarshirzad

3 months

I’m thrilled to announce that @paulbrigner has joined @coinbase today as Head of the Coinbase Institute. 🧵

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@faryarshirzad

5 months

Elections often reveal an issue or a voter base that was previously overlooked. The 2024 revelation could be the crypto voter. @realDonaldTrump seems to understand this with his unequivocal support for keeping crypto innovation in the US. The crypto voter is real: - May '24

Eleanor Terrett

@EleanorTerrett

5 months

I think this is the first time @realDonaldTrump has openly endorsed (or even publicly spoken about) “crypto” instead of just Bitcoin. “If you like crypto in any form…and it comes in many forms…if you’re in favor of crypto, you better vote Trump.” He even mentioned Gensler.

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@faryarshirzad

11 months

Very proud to be at @coinbase and on @brian_armstrong ’s team at the most trusted name in crypto.

Brian Armstrong

@brian_armstrong

11 months

Since the founding of Coinbase back in 2012 we have taken a long-term view. I knew we needed to embrace compliance to become a generational company that stood the test of time. We got the licenses, hired the compliance and legal teams, and made it clear our brand was about trust

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@faryarshirzad

3 years

1/ Today’s report from the President’s Working Group ( #PWG ) on stablecoins is a thoughtful and important submission, and contributes to the critical public debate on the regulation of digital assets.

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Faryar Shirzad 🛡️

@faryarshirzad

4 months

Products like USDC transfer and @coinbase Wallet resonate because they give people a cheaper and more accessible way to move their own money. Today @coinbase launched a new ad campaign highlighting how crypto can reduce the time & cost of sending money abroad. See for yourself

Coinbase 🛡️

@coinbase

4 months

1 in 8 Americans sent money abroad last year. Why? To help their families with daily living expenses. But there are two problems: ✓ Fees are too high ($6 for every $100) ✓ Wait times are too long (literally days) @CoinbaseWallet can help.

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@faryarshirzad

11 months

At least 5 presidential candidates are pro-crypto. Two have issued thoughtful crypto platforms in the last few weeks. @standwithcrypto is up and running with more than a hundred thousand advocates signed up. And now, we have the first Crypto Presidential Forum! On December

Stand With Crypto🛡️

@standwithcrypto

11 months

We are excited to announce the first-ever Crypto Presidential Forum! Join us in New Hampshire to hear directly from candidates about their positions on crypto policy and a wide range of other topics. Audience members will be able to submit questions. Local leaders will also be

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Faryar Shirzad 🛡️

@faryarshirzad

2 years

1/ @Coinbase submitted comments this week to the Financial Stability Board regarding their proposal on the international regulation of cryptoasset activities and markets.

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Faryar Shirzad 🛡️

@faryarshirzad

3 years

Crypto and digital assets markets need clear and sensible regulations. There’s broad consensus on the need for Congress to take up this important area of policy, and we at @coinbase look forward to contributing to that effort.

Brian Armstrong

@brian_armstrong

3 years

1/ Some really sketchy behavior coming out of the SEC recently. Story time…

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Faryar Shirzad 🛡️

@faryarshirzad

10 months

🇬🇧🇬🇧🇬🇧 Stand With Crypto has now launched in the UK! 🇬🇧 🇬🇧🇬🇧 Such an amazing evening in Manchester with more than a hundred founders and CEOs. We were lucky to have MP Lisa Cameron join us. The community is organizing around the world and @coinbase is excited to be a part of

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Faryar Shirzad 🛡️

@faryarshirzad

5 months

Very honored to have @KendrickMeek join the @coinbase Global Advisory Council. At a time when 52 million Americans have joined the crypto economy, it’s great to have an experienced leader like Kendrick join us in updating the system.

Coinbase adds former Rep. Kendrick Meek as House tees up crypto vote

Former Rep. Kendrick Meek (D-Fla.) is joining Coinbase’s global advisory council, the cryptocurrency trading giant first told The Hill. Meek’s addition to the council comes ahead of the House vote …

thehill.com

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@faryarshirzad

7 months

Crypto Moves Money Forward! @coinbase ❤️ @CompassCoffeeDC

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@faryarshirzad

1 year

This is a huge milestone for @coinbase as we continue to work toward creating an open financial system that expands the utility and adoption of crypto. 1/5

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Faryar Shirzad 🛡️

@faryarshirzad

2 years

Just back after two days of meetings with Brazilian officials to discuss their national strategy around crypto. Met with the Presidential Administration, Finance Ministry and Central Bank, plus one of the leading Senate authors of their crypto legislation

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

Just finished two days of strategic planning and team building with my @coinbase Policy colleagues. The best public policy team anywhere.

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Faryar Shirzad 🛡️

@faryarshirzad

5 months

Three words: Strong. Bipartisan. Supermajority. The Senate has spoken. 💪 Thank you to the strong bipartisan majority in the House and Senate who stood with American consumers. Overturning the SEC's SAB 121 means standing up for consumer protection and standing against a

Senate Cloakroom

@SenateCloakroom

5 months

Passed, 60-38: Passage of H.J.Res.109, Lummis SEC Staff Accounting Bulletin CRA.

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

Amazing evening with with our Stand with Crypto advocates and friends. We had NY govt leaders come to hear from our community, and to share their insights. Lots of great interaction. Thanks to @TechNYC for co-hosting. #standwithcrypto

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

Today marks the launch of the Stand with Crypto Alliance, an advocacy organization aimed at uniting global crypto advocates. Policymakers are making decisions about the future of crypto. It’s critical that they get it right. Your voice matters. Sign up now:

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Faryar Shirzad 🛡️

@faryarshirzad

4 months

🇺🇸🇺🇸🇺🇸 Today, @standwithcrypto reached ONE MILLION advocates! 🇺🇸🇺🇸🇺🇸 We had an ambitious goal of reaching 1m by November – but after a White House veto threat and back-to-back bipartisan wins in the House and Senate, hundreds of thousands of you joined us in support of financial

Brian Armstrong

@brian_armstrong

4 months

As of today, 1 million people have joined #StandWithCrypto as advocates for crypto. That's a lot of voters! 600k of these advocates joined after a Whitehouse veto threat, and thousands mobilized around the back-to-back historic, bipartisan wins in the House and Senate. Crypto

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Faryar Shirzad 🛡️

@faryarshirzad

2 years

Appreciated the opportunity to join @brian_armstrong @emiliemc @karacalvert and @SWBauguess in meeting with policymakers in DC regarding digital innovation. The trajectory of crypto policy is positive and upwards, with many smart people working hard to get the rules right.

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

Today @hmtreasury set out its approach to the UK’s future regulatory framework for crypto assets - and it was worth the wait. 🇬🇧🇬🇧🇬🇧

Future financial services regulatory regime for cryptoassets

This consultation sets out proposals for the UK’s financial services regime for cryptoassets, and marks the next stage of the UK’s phased approach

www.gov.uk

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Faryar Shirzad 🛡️

@faryarshirzad

4 months

Sometimes it takes a strong political operation to take the politics out of an issue. - 52 million Americans who've participated in the crypto-economy - 950k grassroots advocates on @standwithcrypto - 200k contacts to Congress - including 30k in 1 week for #FIT21 - $160

Eleanor Terrett

@EleanorTerrett

4 months

🚨NEW from me: Coinbase CEO says company has donated $25M to vote anti-crypto politicians out of Congress

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Faryar Shirzad 🛡️

@faryarshirzad

2 years

1/ Really pleased to see the introduction of the Digital Commodities Consumer Protection Act from @SenStabenow , @JohnBoozman , @CoryBooker , and @SenJohnThune . This bill will ensure the @CFTC has the authority it needs to regulate the digital asset commodity markets.

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Faryar Shirzad 🛡️

@faryarshirzad

2 years

Did I mention how fun it was to spend time with my @coinbase Policy Team colleagues at our off-site?

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Faryar Shirzad 🛡️

@faryarshirzad

1 year

For those not following our mandamus action, we are asking the court to direct the SEC to tell us whether it plans to issue digital asset regulations. The SEC is fighting back so that it can avoid telling the public the answer. I’m not making this up.

paulgrewal.eth

@iampaulgrewal

1 year

We’ve filed our response with the Third Circuit. Tl;dr: the SEC’s unilluminating “update” is mere bureaucratic pantomime and confirms that nothing short of mandamus will prompt the agency to take its obligations seriously. 1/3

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Faryar Shirzad 🛡️

@faryarshirzad

7 months

As we have said all along, @Coinbase is committed to getting clarity on the rules for the industry. Today’s decision is one important step on the path to get us to that goal. We remain confident in our legal arguments as this case moves forward. We are also eager to move to

paulgrewal.eth

@iampaulgrewal

7 months

Today, the Court decided that our SEC case will move forward on most of the claims, but dismissed the claims against Coinbase Wallet. We were prepared for this, and we look forward to uncovering more about the SEC’s internal views and discussions on crypto regulation. 1/6

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@faryarshirzad

3 years

The EU crypto community has to help MEPs understand the impact of what they are proposing. The future of EU innovation is at stake and a transformational moment for economic freedom could be wasted. Write your MEP & Tweet @Europarl_EN . They need to hear from you.

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@faryarshirzad

5 months

279-136, with 71 Dems in support! Takeaways: Crypto is a bipartisan issue. Ds and Rs can work together on good policy, even in an election year. The SEC has an opportunity to restore its reputation and end the disgraceful politicization of its enforcement agenda. The US

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Faryar Shirzad 🛡️

@faryarshirzad

11 months

The @WSJ is a great paper, but too often wrong on crypto. Some facts: Hamas obtains the vast majority of its funds through taxes, extortion and bribes because it controls significant territory (Gaza), as well as through fiat channels from Iran and other sponsors. Any use of

Sam Lyman

@SamLyman33

11 months

Another day, another hit piece on crypto 🙃 A reminder that these numbers more likely reflect the total volume of crypto that flowed between entities with links to Hamas—not the actual amount of money raised by the organization. Stripped of this context, you get Senators

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@faryarshirzad

2 years

1/ @Coinbase sent in comments on @CommerceGov 's notice, “Developing a Framework on Competitiveness of Digital Asset Technologies”. TL;DR: Leading on crypto is central to US global tech leadership and competitiveness. 🧵

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@faryarshirzad

1 year

1/ The most puzzling aspect of the policy debate on crypto is the focus on commodity v. security, rather than what's in the national interest. There are historical parallels, with late course corrections, so maybe history is repeating itself. Read more:

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@faryarshirzad

11 months

@VivekGRamaswamy makes history as the first US presidential candidate with a crypto policy platform. Kudos to him and his embrace of innovative technology in service of the American people.

Vivek Ramaswamy

@VivekGRamaswamy

11 months

Rolling out my “Three Freedoms of Crypto” policy framework at the North American Blockchain Summit this morning in Texas. Since the inception of crypto, the shadow government in the administrative state in Washington, D.C., and its cronies on Wall Street have tried to quash its

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@faryarshirzad

3 years

The impetus continues to be the incorrect assumption that digital assets are disproportionately used for illicit purposes. When considering the uniquely open nature of blockchain & distributed ledger technology, this logic is demonstrably wrong. Let’s look at what must change.

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@faryarshirzad

9 months

Great to meet with @RachelReevesMP to discuss digital innovation, crypto and AI, and to hear about @UKLabour ’s commitment to make the UK a hub for innovation. Particularly appreciated the opportunity to share thoughts on how blockchain technology can enhance government services.

Rachel Reeves

@RachelReevesMP

9 months

The next Labour government will work with the tech sector to bring jobs and prosperity to Britain. Thank you to @sriramk for organising and @coinbase for hosting breakfast this morning.

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@faryarshirzad

2 months

In one year, @standwithcrypto : 🛡️ Amassed over 1.3 MILLION advocates, and counting 🛡️ Empowered advocates to make +200K lawmaker contacts 🛡️ Held numerous firsts for crypto advocates, including 14 in-person events such as town halls to presidential forums and GOTV rallies 🛡️

Stand With Crypto🛡️

@standwithcrypto

2 months

BEEP BEEP. 5 swing states. 4 million crypto voters. 1 big purple bus. On SWC's first anniversary, we're kicking off the #AmericaLovesCryptoTour , starting in Arizona on 9/4, followed by stops in Nevada, Michigan, Wisconsin, and Pennsylvania. RSVP at .

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@faryarshirzad

9 months

We are very pleased to have @George_Osborne join @coinbase 's Global Advisory Council. George is one of the most experienced and thoughtful leaders in government and business, and we are grateful to have his advice and counsel as we expand Coinbase around the world.

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@faryarshirzad

2 months

Maybe this White House statement from last year can help refresh memories on how the effort to debank the crypto sector began: "The banking agencies issued joint guidance, just this month, on the imperative of separating risky digital assets from the banking system. ... We

Alexander Grieve

@AlexanderGrieve

2 months

👀

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@faryarshirzad

10 months

Virtually every G20 economy is revising their regs to welcome crypto and accommodate tokenization. The CFTC is also taking important steps to ensure their regulations don’t impede responsible innovation. The SEC’s global isolation on digital assets is unfortunate.

paulgrewal.eth

@iampaulgrewal

10 months

Today the SEC denied Coinbase’s petition for rules for crypto. After 18 months of silence, we went to court to get the response the law requires. With appreciation for the Third Circuit, later today we'll again seek its help by challenging the SEC’s abdication of its duty. 🧵⬇️

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@faryarshirzad

3 years

1/ Developments in crypto policy are moving quickly. Governments around the world are assessing the potential of crypto and increasing their understanding of the technology. South Korea is no exception .

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@faryarshirzad

4 months

Strong piece by @SpeakerRyan on the national security imperative of USD stablecoins: “If other countries are successful at bolstering their currencies’ influence while dumping Treasury debt, the U.S. will need to find new ways to make the dollar more attractive. Dollar-backed

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@faryarshirzad

8 months

Congress SHOULD legislate when the law in a particular area is unclear and the rules are inconsistently applied. Congress, however, MUST act when the lack of regulatory clarity contributes to arbitrary and capricious behavior and the rank abuse of power. The facts in the

paulgrewal.eth

@iampaulgrewal

8 months

These Senators are even more right than they know. After @SECGov secured a TRO against @DebtBox , it ordered @coinbase to freeze assets or risk sanctions ourselves. We now know that because the TRO was tainted by SEC misrepresentations, so too was this order. 1/5

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@faryarshirzad

1 year

Elliptic: “there is no evidence” to support @WSJ assertions @WSJ : sorry not sorry

paulgrewal.eth

@iampaulgrewal

1 year

1/ This is barely a correction. When your source maintains “there is no evidence” to support the @WSJ assertions, saying "the PIJ may have used crypto” isn’t just inaccurate, it's unacceptable.

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@faryarshirzad

1 year

Extraordinary must watch moment. Master class by @RepRitchie on what’s wrong with the SEC’s regulation by enforcement.

Rep. Ritchie Torres

@RepRitchie

1 year

I cross-examined @SECGov Chair Gary Gensler about the term 'investment contract', which is key to determining his authority over crypto. Gensler struggled to answer basic questions like whether an investment contract requires a contract. His evasions are deafening and damning.

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@faryarshirzad

2 years

Momentum is building across Europe with the EU, UK, and Switzerland taking important steps to create workable regulatory frameworks for crypto markets. Pleased to be with @brian_armstrong @NanaMurugesan and @tomduffgordon to meet w policymakers and see the progress up close.

Coinbase 🛡️

@coinbase

2 years

We're expanding our footprint across European markets! Recently, Coinbase executives including @brian_armstrong , @faryarshirzad , and @NanaMurugesan met with policymakers across the UK and EU. Read more about our plans on our blog! 👇

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@faryarshirzad

10 months

This is impressive journalism by @kaileyleinz . Informed, respectful, measured- but also not letting a public official pressure her out of asking questions that he doesn’t want to answer. This is how a well functioning press contributes importantly to the rule of law and our

James Seyffart

@JSeyff

10 months

Gensler did not want to talk about #Bitcoin or Crypto with @kaileyleinz today after their meeting where the SEC made changes to the treasury markets haha (admittedly he does have a point but Kailey focused on treasuries for 5 minutes before this question lol)

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@faryarshirzad

4 months

🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸 Passing legislation is extremely hard, but it can be done if you have: - a real public policy need that only Congress can address - a large segment of the American people who would benefit from legislation - a legislative solution that effectively

Brian Armstrong

@brian_armstrong

4 months

I met with more than a dozen Dem and GOP Senators in DC over the last 48 hrs to discuss creating clear rules for the crypto industry and consumer protection for crypto users. There’s strong bi-partisan momentum to get this done in the Senate now that FIT21 has passed in the

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@faryarshirzad

3 years

Pleased to announce that @Coinbase has joined @ISDA . The leading derivative markets trade association now welcomes crypto into its ranks. The future of markets is here, and we look forward to working with ISDA on advancing safe, efficient, and transparent crypto markets.

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@faryarshirzad

10 months

Is this the sector that he keeps saying is rife with fraud, deception and misconduct?

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@faryarshirzad

9 months

🇺🇸🇺🇸🇺🇸 Pleased to be doing our part to introduce policymakers and political candidates to the Crypto Voter. 🇺🇸🇺🇸🇺🇸

Coinbase 🛡️

@coinbase

9 months

52M Americans own crypto. They’re bipartisan, younger and more diverse than the US population in total. Over $85 million has been raised and over 280,000 advocates mobilized 🛡️ to put crypto on the ballot in 2024.

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@faryarshirzad

2 years

8/ We invite others to join us in finding a workable solution. We may not agree every step of the way, but it’s critical that this is an open and transparent process where the public can weigh in. Policymaking at this level is far too important to be made in a black box.

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@faryarshirzad

1 year

So is it possible that the crypto community and scores of Members of Congress are right when they say this SEC’s administration of the law is wildly unfair, arbitrary, capricious, politicized and undermining of the rule of law?

paulgrewal.eth

@iampaulgrewal

1 year

Before it was the DC Cir. in Grayscale. Now it's the 5th Cir. in a challenge to its stock buyback disclosure rule. Again and again, federal courts of appeal hold that the SEC acted arbitrarily and capriciously in violation of the Administrative Procedure Act. The third branch

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@faryarshirzad

5 months

Good question. The polling suggests the political harm to the Biden Administration may already have happened. 52 million Americans have bought crypto. 400+ thousand have signed up as advocates in preparation for the ‘24 elections. With razor thin margins deciding electoral

Jeff Roberts

@jeffjohnroberts

5 months

Mark Cuban and Robinhood CEO are now in the “Gensler must go” camp At what point does GG become a serious political liability for Biden?

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@faryarshirzad

1 year

Great journalism can change the world for the better, while sloppy journalism can do great harm. The @WSJ should honor its strong journalistic reputation and correct this basic error.

Sam Callahan

@samcallah

1 year

Last week, the @WSJ published an article claiming about $90 million worth of crypto was used to fund Hamas — a serious claim that gained significant attention. In response to the article, anti-Bitcoin politicians directly linked the WSJ article as evidence in a letter to the

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@faryarshirzad

2 years

6/ Unfortunately, @SECGov has been unwilling to write new rules for crypto securities. Instead, it has relied on one-off enforcement actions. This approach has stifled the crypto securities market and created enormous risk for investors.

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@faryarshirzad

2 years

4/ As a result, the U.S. is falling behind in digital asset innovation. Other regulators around the world, including in the EU, UK, Singapore, Japan, Hong Kong, and Australia, are well on their way to cohesive workable crypto rules.

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@faryarshirzad

2 years

3/ That’s because securities rules simply don’t work for tokenized debt. They don’t work for tokenized equity. And they don’t work for crypto securities. That’s a major problem for American innovation and competition.

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@faryarshirzad

3 years

Second, for transactions with self-hosted wallets, requiring the widespread collection, record holding, and verification of wallet data is hugely harmful. The verification requirement, in particular, is almost impossible to satisfy, raises serious privacy issues & should be fixed

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@faryarshirzad

3 years

First, the Parliament should revert back to the 1k euro threshold for Travel Rule eligible transactions. This is in line with FATF recommendations and the rules for traditional finance. A uniquely punitive approach for digital asset holders is unjustified and bad policy.

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@faryarshirzad

2 years

1/ One year ago today, I became the Chief Policy Officer for @Coinbase . A 🧵looking back on my time seems appropriate. TL/DR – it has been incredible …

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@faryarshirzad

1 year

As part of our ongoing engagement with the SEC, @coinbase submitted today a response to the Wells notice we received last month. 1/9

Coinbase responds to the SEC’s Wells notice | Excerpt

Today Coinbase is sharing our response to the SEC’s Wells notice from last month. As we continue this process, we’re committed to being as transparent as pos...

www.youtube.com

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@faryarshirzad

1 year

Very excited to be solidifying our partnership with @circle to expand the reach of USDC around the world, particularly as stablecoins continue to become a central component of the future payments system.

Coinbase 🛡️

@coinbase

1 year

Today Coinbase and @circle announced a few updates to USDC. Stablecoins will be a key component of a new updated financial system, and we look forward to helping unlock additional utilities and growing the USDC ecosystem. 🧵👇

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@faryarshirzad

1 month

Way to go @standwithcrypto and way to go @karacalvert ! Time to register and get ready to vote!

Stand With Crypto🛡️

@standwithcrypto

1 month

The entire room cheers when @karacalvert asks the crowd if they’re going to vote this November. Detroit crypto voters are showing up. #AmericaLovesCryptoTour

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@faryarshirzad

3 years

Third, forcing exchanges to proactively notify the authorities for all transactions over 1k euro from self-hosted wallets – regardless of whether there is any suspicious activity – is a solution in search of a problem and should be fixed.

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@faryarshirzad

2 years

1/ Lots of policy momentum on stablecoins, which is generally good, but the stakes are high so it's critical that policymakers & the public understand these instruments and how to balance benefits/risks. Here's a new @coinbase whitepaper with our take 👇

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@faryarshirzad

2 years

2/ The U.S. crypto market, which is overwhelmingly made up of commodities, is robust. Yet despite billions of dollars invested in crypto innovation, and 13+ years since the invention of Bitcoin, there is still no meaningful crypto securities market in the U.S.

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@faryarshirzad

2 months

I'm thrilled to share that recent regulatory changes paved the way for Coinbase to enter Hawaii today, which means we are now operational in all 50 states. This is just the latest in a series of important regulatory clarity wins across the globe! 🌴

Coinbase 🛡️

@coinbase

2 months

Aloha, Hawaii. From Oahu to Kauai, Coinbase is now available to all residents of the Hawaiian islands to buy, sell, and manage crypto. Read more ↓

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