Crypto Is Not A Partisan Issue, Crypto Exec Ryan VanGrack

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Coinbase executive Ryan VanGrack told senators that digital asset regulation must transcend party lines, urging Congress to enact clear, unified rules to keep crypto innovation on U.S. soil.

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Julia Smith

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Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

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Ryan VanGrack, Vice President of Legal at Coinbase, claimed that crypto regulation is not a partisan issue while testifying before the Senate Committee on Banking, Housing, and Urban Affairs on Tuesday.

Ryan VanGrack Urges Clear, National Framework.

At the June 24 hearing entitled “Exploring Bipartisan Legislative Frameworks for Digital Asset Market Structure,” VanGrack urged U.S. lawmakers to develop “a responsible and robust legal framework” that works for all Americans.

“Crypto regulation is not, and never should be, a partisan issue,” VanGrack said. “Economic empowerment, financial innovation, and customer protection are not Republican or Democratic values; they are American values.”

Appearing alongside several heavyweight names in the crypto regulatory sector, the Coinbase executive also criticized the United States’ lack of clear market structure when it comes to the digital asset sector.

“The absence of clear rules for...

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