Journal Entry: Shane Andrew Smith-03/24/2024

Journal Entry

Lesson 24: CoinBase

Critical Thinking Response:

Regulatory frameworks should be created/edited by groups that include more than just the regulators, they should have regular consumers, technology experts, financial market experts, small business advocates, and government regulators on the committees/boards that make the final rules.

Coinbase’s transition to a publicly traded company put a positive/legitimate spin on crypto-related companies.

Transparency, access, low cost, and diverse representation could allow Coinbase and other companies to promote the adoption of digital currencies.