AI and APIs Need Regulatory Clarity, Says Coinbase

[etfs]

Coinbase has asked U.S. regulators to create safe-harbor rules for companies using AI and API-based compliance systems.
Grewal says firms hesitate to adopt these tools due to unclear governance and interoperability standards.
He urged the Treasury Department to issue guidance that defines acceptable API use cases and data privacy standards to unlock full AI integration in AML monitoring.

[kelson10]

Clear frameworks for AI and API governance will ensure safer data handling across fintech.

[alex10]

Coinbase’s stance reflects the industry’s push for balanced innovation and accountability.