Brian Armstrong, CEO of United States-based cryptocurrency firm Coinbase, is seeking lawmakers and regulators to discuss regulatory clarity in the crypto space.
In a February 13 tweet, Armstrong put a call for anyone with access to Dirksen's Washington, DC Senate Office to meet him at the building's snack bar and "chat about crypto." According to the Coinbase CEO, he was looking for โlow-sugar optionsโ amid the selection of soft serve ice creams and toppings.
"I'm in Washington DC and I had a meeting cancelled," Armstrong said. "If anyone wants to come chat about crypto and how we get crypto legislation + regulatory clarity this year."
Armstrong's presence in DC followed the Securities and Exchange Commission announcing a $30 million deal with Kraken on February 9, in which the company agreed to shut down its participation program for US users. The CEO of Coinbase argued in a Twitter thread responding to rumors that removing staking would be a "terrible path for the US" On February 12, she issued a statement saying Coinbase would defend staking "in court if necessary."
Related: Coinbase CEO Announces Documentary on Cryptocurrency and Exchange
The Coinbase CEO's call to senators, House representatives and other DC residents preceded US lawmakers with the Senate Banking Committee. preparing to hold a hearing on February 14 exploring the impact of a crypto market crash. Rep. Maxine Waters, a ranking member of the House Financial Services Committee, has also called on leading the committee to hold another hearing on the FTX collapse at which former CEO Sam Bankman-Fried could testify.
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