Coinbase CEO Brian Armstrong has revealed that Representatives Maxine Waters and Patrick McHenry are actively considering a legislative approach to regulate digital assets. Following discussions with key officials, it appears that U.S. lawmakers are now more focused on providing regulatory clarity in the cryptocurrency space.
As per a report by Axios on July 24, Armstrong had meetings with U.S. lawmakers on July 20, just before important talks and votes on various legislative pieces targeted at bringing clarity to the regulation of digital assets. The recent court ruling on the SEC's lawsuit against Ripple, which determined that XRP largely did not qualify as a security, seemed to have driven a sense of urgency among Congress members.
Armstrong stated, "Rep. Patrick McHenry is very much committed to getting legislation," and
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First found on: Coinbase CEO Reports Growing Interest in Crypto Regulation Among U.S. Lawmakers
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