Coinbase CEO Brian Armstrong to Meet US House Representatives

Coinbase CEO Brian Armstrong to Meet US House Representatives



Coinbase CEO Brian Armstrong is scheduled to meet with a bipartisan group of US House of Representatives members on July 19. The purpose of the meeting is to discuss proposed new laws concerning digital assets. The US Securities and Exchange Commission (SEC) has initiated a lawsuit against both Coinbase and Binance, alleging that they failed to comply with registration requirements.



During the meeting, Armstrong intends to address several key topics such as taxation, national security, privacy concerns, and climate change as they relate to the cryptocurrency industry. A representative from the New Democrat Coalition stated that the meeting would cover essential matters relevant to the sector.



The outcome of the SEC lawsuits holds significant importance as it could significantly impact the cryptocurrency market by establishing the


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