Coinbase CEO Brian Armstrong set to speak to House Democrats privately
Coinbase CEO Brian Armstrong will meet with a bipartisan group of US House of Representatives on July 19 to discuss proposed new laws about digital assets. The US Securities and Exchange Commission (SEC) has filed a lawsuit against Coinbase and Binance, alleging that they failed to carry out registration. According to Bloomberg, Armstrong plans to discuss taxation, national security, privacy issues, and climate change against this background. Coinbase CEO Brian Armstrong will meet with US House Democrats behind closed doors on Wednesday https://t.co/Rm6w3u1uaC — Bloomberg (@business) July 17, 2023 The New Democrat Coalition representative said in an email that the meeting would touch upon vital matters relevant to the industry. You might also like: Bank of America not randomly closing accounts of Coinbase clients Successful SEC lawsuits could significantly impact the cryptocurrency market, as they would establish the commission’s authority over the sector....