Coinbase to US: Embrace Blockchain if You Want to Fight Crime on It

Why It Matters

Without such policy changes, Coinbase warns, enforcement will remain inefficient, compliance costs will rise and innovation in regulated crypto services could be chilled.

Summary

Coinbase urged the U.S. Treasury to embrace blockchain-native tools—blockchain analytics, AI, APIs—and create legal safe-harbors so firms can deploy them to modernize anti-money-laundering efforts. The company argues these measures would enable real-time transaction monitoring and better information-sharing between industry and regulators, reducing the technical gap that hampers crypto crime enforcement. Without such policy changes, Coinbase warns, enforcement will remain inefficient, compliance costs will rise and innovation in regulated crypto services could be chilled.