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Coinbase Chief Policy Officer: Bitcoin ETF is an important step in clarifying industry regulations and will allow billions or even more funds to enter the market

Faryar Shirzad, Chief Policy Officer of Coinbase, stated in an interview that the approval of Bitcoin ETF for listing means that hundreds of thousands or even billions of dollars, or even more funds, will enter the cryptocurrency market. This is a big deal and also means that the market has taken an important step towards regulatory clarity. Although it is a significant step forward and good for the entire industry, it is still necessary to legislate the cryptocurrency market.

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