Coinbase CEO visits Washington, D.C. in push for regulatory clarity, less sugar

Quick Take

  • Coinbase CEO Brian Armstrong said he was in Washington, D.C. today in a push for clearer rules amid rising uncertainty following enforcement actions this month against Kraken and Paxos.

Coinbase CEO Brian Armstrong said he was in Washington, D.C. today in a push for clearer rules amid rising uncertainty in the sector following enforcement actions this month against Kraken and Paxos. He also said a Senate cafeteria needed more low sugar options.

"’I'm in Washington D.C. and had a meeting canceled," he wrote on Twitter. "Will be at the Dirksen Senate Office building snack bar for the next hour or so, if anyone wants to come chat about crypto and how we get crypto legislation + regulatory clarity this year."

"This place is carb central," he wrote in a follow up tweet after spotting soft serve ice cream in the cafeteria. "Need more low sugar options."


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AUTHOR

Nathan Crooks is the U.S managing editor at The Block, based in Miami. He was previously at Bloomberg News for 12 years, where he helmed coverage of South Florida after roles as a breaking news editor and bureau chief in Caracas, Venezuela. He's interviewed presidents, government ministers and CEOs, and, besides crypto, has covered major news events on the ground from earthquakes to hurricanes to the Chilean mine rescue in 2018. Nathan, a native of Clarion, Pennsylvania, holds a bachelor's degree from the University of Toronto, where he completed a specialist in political science, and an MBA from American University in Washington, D.C.

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To contact the editor of this story: Christiana Loureiro at [email protected]

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