COINBASE CEO BRIAN ARMSTRONG SET TO MEET WITH HOUSE DEMOCRATS

Summary from the TLDR Crypto newsletter

Coinbase CEO Brian Armstrong will engage in a private discussion with the New Democrat Coalition to discuss digital-asset legislation and other issues such as tax, national security, and privacy. The meeting comes amidst a lawsuit against Coinbase, one of the globe's largest cryptocurrency exchanges, by the SEC. Armstrong has been pushing for clearer rules around digital assets in Washington. Additionally, Coinbase is promoting two bills offering clearer guidance on crypto exchange registration with regulators. This gathering follows a favorable court ruling in the XRP case that dealt a significant blow to the SEC’s claims that most crypto tokens are securities.