Did you see this testimonial a few weeks ago that Coinbase gave to the US Congress? It was delivered on March 14th to the "Subcommittee on Capital Markets, Securities, and Investment".
Here's the link: https://blog.coinbase.com/coinbases-written-testimony-for-the-subcommittee-on-capital-markets-securities-and-investment-47f8a260ce41
This section particularly caught my attention.
In addition to our formal regulatory role, Coinbase continuously shares its expertise to make sure our ecosystem is clean and compliant. We train more law enforcement agencies globally than anyone, even the Department of Justice. We have a team of individuals who offer expert training on cryptocurrencies and the blockchain to the world’s leading law enforcement agencies, including: the Federal Bureau of Investigation, Drug Enforcement Agency, Marshals Service, U.S. Postal Service, Department of Homeland Security, U.S. Secret Service, Internal Revenue Service’s Criminal Investigative Division, Europol, Interpol, Scotland Yard, the Royal Canadian Mounted Police, the Swiss Federal Police, the Spanish Federal Police and many state and local agencies.
I get it, we still live in a gov-centric world and we still have to ask for permission for nearly everything in life...especially in the crypto space. But DAMN! Is it really necessary to "train" all of these government agencies? I guess it's better that Coinbase train them and potentially influence their understanding of the blockchain/crypto space?
Look at all the departments that Coinbase trains and works with.
- Federal Bureau of Investigation
- Drug Enforcement Agency
- Marshals Service
- U.S. Postal Service
- Department of Homeland Security
- U.S. Secret Service
- Internal Revenue Service’s Criminal Investigative Division
- Europol
- Interpol
- Scotland Yard
- Royal Canadian Mounted Police
- Swiss Federal Police
- Spanish Federal Police
- and many state and local agencies
What do you think? Is Coinbase still on "our" side? Would you use them?
-Ashe
