Coinbase CEO Armstrong Proposes Small-Scale Federal Policy Trials

Coinbase CEO Brian Armstrong proposed small-scale federal policy experiments on Oct. 9, arguing that limited trials could test regulatory changes before broader expansion.

Armstrong suggested conducting the experiments in defined areas, including a 10-square-mile tract of federal land. Possible measures include faster permitting, reduced regulatory restrictions and alternative rules.

He said nationwide debates over every reform can raise the cost of learning and experimentation while delaying implementation.

Testing policies in smaller areas could make it easier to measure results and gradually expand approaches that work.

The proposal centers on evaluating regulatory changes at a limited scale before broader expansion.