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#Coinbase (COIN) CEO Brian Armstrong will meet Democrats from the House of Representatives in Congress behind closed doors Wednesday morning with the crypto exchange embroiled in a legal battle with the U.S. #SEC.
The private meeting will be with members of the New #Democrat Coalition, a caucus of over a 100 Democrats who say they are committed to pro-economic growth, pro-innovation and fiscally responsible policies, according to the group's website.
The meeting will concern "digital-asset legislation and related issues including tax, national security, privacy and climate," the report said. Recently, lawmakers from the House and Senate have introduced separate bills in an attempt to bring clarity to crypto regulation, though the reality of a divided Congress means it's unclear whether such efforts will bear fruit.
The private meeting will be with members of the New #Democrat Coalition, a caucus of over a 100 Democrats who say they are committed to pro-economic growth, pro-innovation and fiscally responsible policies, according to the group's website.
The meeting will concern "digital-asset legislation and related issues including tax, national security, privacy and climate," the report said. Recently, lawmakers from the House and Senate have introduced separate bills in an attempt to bring clarity to crypto regulation, though the reality of a divided Congress means it's unclear whether such efforts will bear fruit.