Is this a summary or the entire text? I think I saw messaging from Coinbase in anticipation of this proposal earlier this week. [1]

Not a lawyer but the definitions and language seem a little shallow to me considering how lofty the proposal of a new regulatory agency is.

Wouldn’t one expect a higher level of detail, supporting evidence, citations or legal precedent from consultations with “30+ crypto firms, 25+ members of congress and/or staff, 4 major law firms, and 3 trade groups”?

[1] https://twitter.com/brian_armstrong/status/14437122829538591...