Coinbase CEO Brian Armstrong talked about his first meeting with Gary Gensler, Chairman of the US Securities and Exchange Commission (SEC).
Brian Armstrong published a June 7 in the programHe has tried to meet face-to-face with SEC Chairman Gary Gensler many times in the past, and as a result of his efforts “freezing cold” One online meeting He told me they had the opportunity.
Armstrong, when a new regulator with him appointed to talk that’s why they work gens when appointed to New York fly with it to meet strive for what they show stated. However, with the president meeting opportunity you couldn’t catch voicing Armstrong, why his on your calendar place that you didn’t know they didn’t get told.
The following year some additional initiatives probably as a result of the ongoing to the covid epidemic as a countermeasure “virtual meeting” and that during this meeting Gensler was quite cold At the meeting, Armstrong said that Gensler far from consensus implied that he had an attitude.
Armstrong made the following statements about what was discussed at the meeting:
Frankly, it seemed like a pretty cold reception…“President Gensler, you asked people to come and sign up. Best regards, we are here to register. What do you want us to do? What kind of process would you like us to go through?” I said. He greeted as follows: “Talk to your lawyer. I am not here to advise you.”
Gens are not government
Armstrong, 80% of congress members he met about blockchain technology in depth a knowledge not to have Although other countries use this technology legal framework progress on what you recorded stated that they were aware of it.
According to the CEO’s statements, congressmen blockchain of technology US focus its development they want but while doing this consumer protection in ignore than to to avoid they are working.