• Coinbase, the largest crypto exchange in the US rolls out a new national advertising campaign – Crypto: Moving America Forward – to highlight the importance of cryptocurrency in the US.
• The campaign puts spotlight on crypto technology’s transformative potential for global financial system and warns of economic and security risks if US cedes its role in building blockchain-based technologies.
• A report from venture capital firm Electric Capital highlights that US could miss out on significant technological and economic opportunities due to its regulatory stance on digital assets.
Coinbase Launches New Advertising Campaign
Coinbase, the largest crypto exchange in the US has launched a new marketing initiative called Crypto: Moving America Forward. This campaign is aimed at highlighting the importance of cryptocurrency in the United States and its potential to transform global financial systems.
Highlighting Transformative Potential
The advertisement featuring Coinbase CEO Brian Armstrong will be aired on popular Sunday shows with new chapters each weekend. Through this campaign, Coinbase hopes to draw attention to crypto technology’s transformative potential for global financial systems as well as what is at stake if the US fails to advance it given that other nations including China make significant progress with the technology.
US Losing Market Share
A report from venture capital firm Electric Capital suggests that due to its current regulatory stance towards digital assets,the United States could miss out on considerable technological and economic advantages. The report further adds that cryptocurrencies are “the next wave of Internet” which can have a drastic effect on money, financial system, and internet broadly across different countries.
Crypto Regulation Urgent Priority
It is therefore essential for governments across countries such as USA to take prompt action so as not lose their supremacy when it comes to leading world markets or related technologies due to lack of adequate laws or regulations related to cryptocurrencies or blockchain techonology .
Conclusion
In conclusion, Coinbase’s Crypto: Moving America Forward campaign aims at creating awareness about cryptocurrencies among citizens specifically in USA and urges governments across countries especially USA ,to take necessary steps in order regulate these digital assets before it falls too far behind other nations like China who have already started making strides when it comes using blockchain technology transforming their economy .