Coinbase, Robinhood, CFTC to testify in Congress over draft crypto bill

On June 6, Coinbase, Robinhood, and representatives from the US commodities regulator will testify before Congress to talk about a recently proposed crypto bill.



The trio will discuss how their company or organization feels about a measure that, among other things, might classify some crypto assets as digital commodities.



“Tomorrow I have the honor of testifying on Capitol Hill before the House Committee on Agriculture to share Coinbase’s views on the Digital Asset Market Structure Discussion Draft [...] released last week,” said Coinbase Chief Legal Office Paul Grewal in a statement on June 5.



Former CFTC head Chris Giancarlo, former CFTC commissioner Dan Berkvitz, and FIAconnect founder Walt Lukken are among the other witnesses put to the stand.



Grewal provided a summary of the key points of his own evidence in a post on T
#CFTC, #Coinbase, #Cryptonewstoday, #Robinhood
First found on: Coinbase, Robinhood, CFTC to testify in Congress over draft crypto bill

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