Congress lacking crypto education will lead to ‘bad laws’ — Coinbase CSO

Phillip Martin told Cointelegraph that Coinbase has focused on educating lawmakers on crypto as they “make much better decisions” on regulation.

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Coinbase has been focused on educating the public and lawmakers to prevent misleading narratives about crypto’s links to illicit finance from resulting in “bad laws,” according to the crypto exchange’s security boss.

”Educated lawmakers make much better decisions.” Coinbase chief security officer Phillip Martin told Cointelegraph at the Ripple Swell conference. Lack of education leads to bad laws and the stifling of innovation.”

Martin said Coinbase has also helped United States lawmakers learn about the consumer protection, safety and security measures being implemented in crypto to combat illicit activities.

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