NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

Coinbase CEO to Meet US House Democrats to Discuss Crypto

Published 18/07/2023, 08:39
© Reuters Coinbase CEO to Meet US House Democrats to Discuss Crypto
COIN
-

  • Coinbase (NASDAQ:COIN) CEO Brian Armstrong will hold private meetings with House Democrats.
  • SEC lawsuits against Coinbase and Binance prompt CEO Brian Armstrong to address key topics in the meeting.
  • Coinbase CEO’s closed-door meeting with House Democrats covers lawsuits, taxation, and national security.

Brian Armstrong, the CEO of Coinbase, has organized a private meeting with a number of House Democrats for Wednesday, where he intends to discuss the future of legislation pertaining to digital assets. This discussion is taking place as renowned cryptocurrency exchanges Coinbase and Binance are involved in ongoing legal disputes.

Both exchanges are the targets of litigation brought by the U.S. Securities and Exchange Commission (SEC), which claims they did not register their business operations with the regulatory body.

In addition to discussing the lawsuits, Armstrong will touch on various related topics during the meeting. These include taxation, national security, privacy concerns, and climate considerations. A spokesperson from the New Democrat Coalition conveyed this information through an email statement.

At present, Coinbase has not provided an immediate respon…

The post Coinbase CEO to Meet US House Democrats to Discuss Crypto appeared first on Coin Edition.

The post Coinbase CEO to Meet US House Democrats to Discuss Crypto appeared first on Coin Edition.

Read more on Coin Edition

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.