The CEO of the largest American cryptocurrency exchange Coinbase, Brian Armstrong (Brian Armstrong), proposed starting to create "cryptocurrency sandboxes" in the US — special economic zones (SEZ) modeled after the Chinese city of Shenzhen. According to the executive, "crypto cities" will stimulate the development of the crypto industry and advanced technologies. In the opinion of Coinbase's head, these sandboxes should be small, separate cities with "light regulation" and "minimal regulatory barriers." He believes that the current fragmented regulation across different states is hindering the development of blockchain technologies in the US — especially in light of progress in Asia and the Middle East. American crypto SEZs would allow for faster development of stablecoin infrastructure and decentralized applications, Armstrong is confident. He believes that crypto cities will help bring back talent and capital from crypto entrepreneurs to the US, boost economic activity of blockchain networks, and solidify the country's status as a "true crypto capital."#GateSquareAprilPostingChallenge