Coinbase urges US regulators to clear path for banks to offer crypto services

The crypto exchange's move comes amid a broader industry push to lobby lawmakers for a regulatory framework to support the sector's growth. Most traditional U.S. banks have steered clear of digital asset firms, citing lack of regulatory clarity. "For the last several years, U.S. bank regulators have unilaterally and undemocratically barred banks from offering crypto services," Coinbase Chief Policy Officer Faryar Shirzad said on social media platform X.