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Faryar Shirzad 🛡️ Profile
Faryar Shirzad 🛡️

@faryarshirzad

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Chief Policy Officer @Coinbase . Immigrant. Love America 🇺🇸

Washington, DC
Joined August 2011
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@faryarshirzad
Faryar Shirzad 🛡️
2 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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@faryarshirzad
Faryar Shirzad 🛡️
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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@faryarshirzad
Faryar Shirzad 🛡️
4 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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@faryarshirzad
Faryar Shirzad 🛡️
2 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…
@crypto
Bloomberg Crypto
2 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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@faryarshirzad
Faryar Shirzad 🛡️
3 years
Today is my first day at Coinbase as Chief Policy Officer
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@faryarshirzad
Faryar Shirzad 🛡️
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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@faryarshirzad
Faryar Shirzad 🛡️
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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@faryarshirzad
Faryar Shirzad 🛡️
26 days
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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@faryarshirzad
Faryar Shirzad 🛡️
2 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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@faryarshirzad
Faryar Shirzad 🛡️
2 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 🛡️
2 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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@faryarshirzad
Faryar Shirzad 🛡️
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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@faryarshirzad
Faryar Shirzad 🛡️
4 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…
@iampaulgrewal
paulgrewal.eth
4 months
Ready.
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@faryarshirzad
Faryar Shirzad 🛡️
9 months
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.
@FinancialCmte
Financial Services GOP
9 months
#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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@faryarshirzad
Faryar Shirzad 🛡️
4 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! 🇫🇷🇺🇸🇫🇷🇺🇸🇫🇷🇺🇸
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@faryarshirzad
Faryar Shirzad 🛡️
11 months
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.
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@faryarshirzad
Faryar Shirzad 🛡️
5 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…
@KMSmithDC
Kristin Smith
5 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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@faryarshirzad
Faryar Shirzad 🛡️
11 months
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
Tyler Winklevoss
11 months
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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@faryarshirzad
Faryar Shirzad 🛡️
5 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 🛡️
5 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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@faryarshirzad
Faryar Shirzad 🛡️
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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@faryarshirzad
Faryar Shirzad 🛡️
30 days
🇨🇦🇨🇦🍁🍁🇨🇦🇨🇦🍁🍁🇨🇦🇨🇦 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. 🇨🇦🇨🇦🍁🍁🇨🇦🇨🇦🍁🍁🇨🇦🇨🇦
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@faryarshirzad
Faryar Shirzad 🛡️
7 months
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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@faryarshirzad
Faryar Shirzad 🛡️
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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@faryarshirzad
Faryar Shirzad 🛡️
7 months
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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@faryarshirzad
Faryar Shirzad 🛡️
3 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 🛡️
3 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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@faryarshirzad
Faryar Shirzad 🛡️
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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@faryarshirzad
Faryar Shirzad 🛡️
5 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 🛡️
5 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
Faryar Shirzad 🛡️
5 months
Very proud to be at @coinbase and on @brian_armstrong ’s team at the most trusted name in crypto.
@brian_armstrong
Brian Armstrong
5 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
Faryar Shirzad 🛡️
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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@faryarshirzad
Faryar Shirzad 🛡️
5 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…
@standwithcrypto
Stand With Crypto🛡️
5 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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@faryarshirzad
Faryar Shirzad 🛡️
1 year
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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@faryarshirzad
Faryar Shirzad 🛡️
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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@faryarshirzad
Faryar Shirzad 🛡️
5 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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@faryarshirzad
Faryar Shirzad 🛡️
1 month
Crypto Moves Money Forward! @coinbase ❤️ @CompassCoffeeDC
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@faryarshirzad
Faryar Shirzad 🛡️
9 months
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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@faryarshirzad
Faryar Shirzad 🛡️
1 year
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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@faryarshirzad
Faryar Shirzad 🛡️
9 months
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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@faryarshirzad
Faryar Shirzad 🛡️
9 months
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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@faryarshirzad
Faryar Shirzad 🛡️
9 months
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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@faryarshirzad
Faryar Shirzad 🛡️
6 months
Today @hmtreasury set out its approach to the UK’s future regulatory framework for crypto assets - and it was worth the wait. 🇬🇧🇬🇧🇬🇧
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@faryarshirzad
Faryar Shirzad 🛡️
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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@faryarshirzad
Faryar Shirzad 🛡️
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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@faryarshirzad
Faryar Shirzad 🛡️
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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@faryarshirzad
Faryar Shirzad 🛡️
7 months
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.
@iampaulgrewal
paulgrewal.eth
7 months
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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@faryarshirzad
Faryar Shirzad 🛡️
2 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
Faryar Shirzad 🛡️
1 month
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…
@iampaulgrewal
paulgrewal.eth
1 month
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
Faryar Shirzad 🛡️
6 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…
@SamLyman33
Sam Lyman
6 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
Faryar Shirzad 🛡️
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
Faryar Shirzad 🛡️
11 months
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
Faryar Shirzad 🛡️
6 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.
@VivekGRamaswamy
Vivek Ramaswamy
6 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
Faryar Shirzad 🛡️
2 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
Faryar Shirzad 🛡️
4 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.
@RachelReevesMP
Rachel Reeves
4 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
Faryar Shirzad 🛡️
3 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
Faryar Shirzad 🛡️
6 months
Elliptic: “there is no evidence” to support @WSJ assertions @WSJ : sorry not sorry
@iampaulgrewal
paulgrewal.eth
6 months
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
Faryar Shirzad 🛡️
2 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
Faryar Shirzad 🛡️
5 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.
@iampaulgrewal
paulgrewal.eth
5 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
Faryar Shirzad 🛡️
3 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…
@iampaulgrewal
paulgrewal.eth
3 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
Faryar Shirzad 🛡️
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
Faryar Shirzad 🛡️
5 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…
@JSeyff
James Seyffart
5 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
Faryar Shirzad 🛡️
7 months
Extraordinary must watch moment. Master class by @RepRitchie on what’s wrong with the SEC’s regulation by enforcement.
@RepRitchie
Rep. Ritchie Torres
7 months
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
Faryar Shirzad 🛡️
4 months
Is this the sector that he keeps saying is rife with fraud, deception and misconduct?
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@faryarshirzad
Faryar Shirzad 🛡️
2 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
Faryar Shirzad 🛡️
3 months
🇺🇸🇺🇸🇺🇸 Pleased to be doing our part to introduce policymakers and political candidates to the Crypto Voter. 🇺🇸🇺🇸🇺🇸
@coinbase
Coinbase 🛡️
3 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
Faryar Shirzad 🛡️
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
Faryar Shirzad 🛡️
6 months
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?
@iampaulgrewal
paulgrewal.eth
6 months
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
Faryar Shirzad 🛡️
6 months
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.
@samcallah
Sam Callahan
7 months
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
Faryar Shirzad 🛡️
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
Faryar Shirzad 🛡️
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
Faryar Shirzad 🛡️
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
Faryar Shirzad 🛡️
2 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
Faryar Shirzad 🛡️
2 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
Faryar Shirzad 🛡️
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
Faryar Shirzad 🛡️
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
Faryar Shirzad 🛡️
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
Faryar Shirzad 🛡️
2 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
Faryar Shirzad 🛡️
9 months
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 🛡️
9 months
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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Faryar Shirzad 🛡️
6 months
Honored to have @MarkTEsper , @MurphyforFL , @FranTownsend , and @DavidJUrban join the @coinbase Global Advisory Council. We look forward to relying on their insights and wisdom on national security and global affairs as we grow the cryptoeconomy in the US and around the world.…
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@faryarshirzad
Faryar Shirzad 🛡️
2 years
Today I shared @coinbase 's thoughts on the UK’s approach to crypto regulation at the @cryptoappg hearing. The opportunity for the UK to establish itself as a global crypto hub is significant, and glimpses of a new future are evident.
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@faryarshirzad
Faryar Shirzad 🛡️
4 months
Great to talk about the state of play on the markets, regulation and politics of crypto on @YahooFinance .
@YahooFinance
Yahoo Finance
4 months
The story ahead for crypto is much more exciting than in the past, according to $COIN Chief Policy Officer @faryarshirzad : "It's a huge part of the American electorate."
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@faryarshirzad
Faryar Shirzad 🛡️
1 year
🇬🇧 @Coinbase has submitted its response to the @hmtreasury public consultation on the Future Financial Services Regulatory Regime for Cryptoassets. This consultation is a significant milestone in delivering legal and regulatory certainty to the UK market.
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@faryarshirzad
Faryar Shirzad 🛡️
1 year
We lost some extraordinarily talented people today at @coinbase . Very unfortunate. It was an honor working with them, and I look forward to future collaborations and ongoing friendships with this fine group.
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@faryarshirzad
Faryar Shirzad 🛡️
2 years
Great to be in 🇮🇳 to support the start of @coinbase ’s efforts to hire homegrown talent and grow. Thoughtful and substantive conversations so far with policymakers – we’re here to listen, learn, and support the growth of the Indian cryptoeconomy.
@CoinbaseIndia
Coinbase India
2 years
Namaste, India! A note from our CEO as he settles in India for a week of crypto and web3 discussions, fireside chats, and listening…
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Faryar Shirzad 🛡️
2 years
5/ Digital assets offer profound benefits – like real-time settlement, safe trading without costly intermediaries, and transparent transaction records. These benefits won't come to pass if digital innovation is excluded from a market as big and impactful as the securities market.
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@faryarshirzad
Faryar Shirzad 🛡️
2 years
7/ Effective regulation benefits everyone — buyers, sellers, exchanges, and the U.S. financial system. Our petition lays out a potential path forward, so the SEC doesn't have to start from scratch.
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@faryarshirzad
Faryar Shirzad 🛡️
21 days
I’m proud to be team @coinbase every day, but especially on days like this when we take extra steps to bring clarity expeditiously out of the chaos the @SECGov is trying to sow in the digital asset ecosystem. I’m also proud that even as @iampaulgrewal and our world class…
@iampaulgrewal
paulgrewal.eth
21 days
Today @Coinbase filed a brief asking the Court’s permission to seek an interlocutory appeal in our @SECGov case on this controlling question: whether an “investment contract” requires something contractual – we think it does, the SEC disagrees. 1/5
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@faryarshirzad
Faryar Shirzad 🛡️
5 months
It’s time to update the system. Btw @kate_rouch and her @coinbase marketing team are the best in the business! 👇
@coinbase
Coinbase 🛡️
5 months
⏪️ Accept that it will always be this way. ⏩️ Build something better. #UpdateTheSystem
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Faryar Shirzad 🛡️
1 year
Good public policy requires all of us to engage and be a part of the process. Glad that all of us at @coinbase are working hard to do our part.
@brian_armstrong
Brian Armstrong
1 year
Met with the SEC today. We’ll continue pushing for a clear rule book in the U.S. for crypto regs. The U.S. can’t afford to fall behind on this important technology to update the financial system. Also important for regulators to set policy and THEN enforce it. Not start with…
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@faryarshirzad
Faryar Shirzad 🛡️
2 months
Two things: 1) The political ground is shifting. 2) The strength of the dollar is the product of a dynamic and productive US economy. Innovation - including the adoption of blockchain and digital asset technology - is critical to that.
@WatcherGuru
Watcher.Guru
2 months
JUST IN: 🇺🇸 President Donald Trump says many people are embracing #Bitcoin & wanting to pay with it. "You're seeing something that's interesting, I can live with it."
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Faryar Shirzad 🛡️
2 months
Congratulations to @RepAdamSchiff for yesterday's results, and for taking a strong stand to keep digital innovation in the US: "We need to grow these important industries, and work hard to keep these companies, and the innovation and jobs they bring here in California.…
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@faryarshirzad
Faryar Shirzad 🛡️
2 months
My @coinbase colleagues know how to build! Up markets. Down markets. Build build build.
@CoinbaseIntExch
Coinbase International Exchange 🛡️
2 months
In the last 24 hours Coinbase International Exchange perpetual futures surpassed $1 billion in notional contract volume traded. Check out our market data at
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@faryarshirzad
Faryar Shirzad 🛡️
5 months
We are making history! First we have major presidential candidates with pro crypto platforms, and now the first Crypto Presidential Forum! Thanks to @standwithcrypto for the outstanding work!
@standwithcrypto
Stand With Crypto🛡️
5 months
Tune in now to watch the First in the Nation Crypto Presidential Forum:
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@faryarshirzad
Faryar Shirzad 🛡️
6 months
The rule of law requires that the rulers apply actual laws. It’s been a long honored tradition - and a legal requirement - since America’s founding. It’s also a critical underpinning of the government ruling by the consent of the governed.
@fintechfrank
Frank Chaparro
6 months
"The SEC has promulgated no rule describing how an order in a digital asset should be matched, no guidance on how a trade should be cleared, and articulated no standards for how to broker a digital asset transaction. The allegation is hollow; there is no such thing as an…
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Faryar Shirzad 🛡️
2 months
Awesome to see Pennsylvania’s @DaveMcCormickPA taking a stand to keep digital innovation and jobs in the US.
@DaveMcCormickPA
Dave McCormick
2 months
Blockchain and crypto currency promote individual freedom and privacy and are driving incredible innovation in our economy. Ensuring America is THE global leader is critical to national security. We must embrace it as a powerful tool for keeping Pennsylvania and America at the…
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@faryarshirzad
Faryar Shirzad 🛡️
1 month
RFK Jr.: “I’m going to make this country the most crypto-friendly country in the world.” Kudos to @RobertKennedyJr for understanding the importance of economic freedom.
@RobertKennedyJr
Robert F. Kennedy Jr
1 month
There’s only one person running for president who is pro-crypto. Join me in fighting for transactional freedom and making the U.S. the most crypto-friendly country in the world. DONATE NOW ➡️ #KennedyShanahan24
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Faryar Shirzad 🛡️
9 months
Incredible outpouring of support for @coinbase in our SEC case, including from @SenLummis . Grateful for the support from so many outstanding groups and individuals who understand that the rule of law, fair process and our national security are at stake.
@iampaulgrewal
paulgrewal.eth
9 months
I can't say enough how gratifying it is to get support from so many amici today. Thank you. I appreciate the effort behind these briefs, and can't wait to read every word. I know they will prove useful to the Court in understanding the legal errors of the SEC's ways. Links below.
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Faryar Shirzad 🛡️
2 years
Thoughtful letter from Davis Polk to @SECGov . They rightly argue that the approval of #bitcoin futures-based ETFs while continuing to deny spot bitcoin ETPs makes little sense.
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@faryarshirzad
Faryar Shirzad 🛡️
2 years
EU policymakers are finalizing the #MiCA & #TFR proposals and are at the cusp of putting Europe at the forefront of digital asset innovation, but there are some important open issues that need to land right. Here's our take:
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@faryarshirzad
Faryar Shirzad 🛡️
2 years
1/ @coinbase submitted comments on @USTreasury 's request for comments on digital assets today. Key takeaways below🧵
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