Coinbase Proposes Including Digital Assets in US 'Trump Accounts'

Coinbase is advocating for the inclusion of qualified digital assets in the proposed 'Trump Accounts' investment program. Executives Emilie Choi and Faryar Shirzad stated that the company has submitted comments to the IRS, suggesting that beneficiaries should be allowed to invest in widely traded digital assets or gain exposure through funds, aligning the investment scope with traditional IRAs. Coinbase argues that product-neutral rules would foster competition and provide younger Americans with better wealth-building opportunities.