Coinspeaker
Coinbase CEO Brian Armstrong to Meet with Democrats over Crypto Regulation
Coinbase CEO Brian Armstrong will be meeting with lawmakers on Wednesday to discuss the future of crypto regulation and legislation. According to a Bloomberg report, Armstrong will be speaking to over 100 Democrats, who are members of a group called the New Democrat Coalition.
The group, according to its website, is dedicated to innovations and policies that generally help the economy. So, they are expected to be open-minded enough while Amstrong touches on issues bordering on “digital-asset legislation and related issues including tax, national security, privacy, and climate”.
Meanwhile, it is worth mentioning that the meeting may have to do with the ongoing legal action against Coinbase. The US Securities and Exchange Commission (SEC) recently filed a lawsuit against the exchange, citing a violation of federal securities laws. But, Coinbase has since responded with claims that the SEC did not f
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