Coinbase criticizes Oregon’s attempt to restart the “enforcement instead of legislation” crypto regulatory model

Planet Daily News: Coinbase published a blog post criticizing the current regulatory approach towards crypto enterprises in Oregon, stating that the state is attempting to revive the widely questioned "regulation by enforcement" model. Coinbase indicated that the state's financial regulatory body is seeking to require crypto platforms to obtain traditional securities broker licenses through administrative interpretation, which goes against federal regulatory reform trends and may harm the local crypto innovation environment. Coinbase called on regulators to establish a transparent and fair regulatory framework through clear legislation and industry collaboration, rather than repeating previous paths that caused regulatory uncertainty.