Coinbase proposes the U.S. authorities to create a regulator to control the crypto market

The largest U.S. cryptocurrency exchange Coinbase intends to offer the U.S. authorities to create a separate body to monitor transactions with cryptocurrencies. This was reported by The Wall Street Journal.

According to the publication, the platform seeks to remove the U.S. Securities and Exchange Commission from overseeing the cryptocurrency market. Coinbase plans to publish a document with proposals in this area estimated publication date is not specified.