2024

United

Kendrick Meek, previously serving as the House Representative for Florida's 17th congressional district, has joined cryptocurrency exchange Coinbase’s council to address the digital asset regulatory landscape.
In a May 20 X post, Coinbase Chief Policy Officer Faryar Shirzad <a href="https://x.com/faryarshirzad/status/1792649568917565661" target="_blank" rel="noopener nofollow">said</a> Meek had joined the exchange’s Global Advisory Council as part of efforts to “updat[e] the system” governing digital assets in the United States. The former Florida congressman served in the U.S. House of Representatives from 2003 to 2011 and was a member of the Committee on Ways and Means, which has jurisdiction over taxes.
According to a report from The Hill, Meek <a href="https://thehill.com/policy/technology/4675351-coinbase-adds-former-rep-kendrick-meek-as-house-tees-up-crypto-vote/" target="_blank" rel="noopener nofollow">spoke</a> in favor of digital assets as they “offer new opportunities to address the systemic issues that have plagued our financial system.” He will join other former U.S. lawmakers on the council, including Stephanie Murphy, Tim Ryan and Pat Toomey. Cointelegraph reached out to Meek for comment but did not receive a response at the time of publication.
Related: <a href="https://cointelegraph.com/news/coinbase-faces-new-lawsuit-over-alleged-investor-deception">Coinbase faces new lawsuit over alleged investor deception</a>
Coinbase <a href="https://cointelegraph.com/news/coinbase-establishes-advisory-council-with-former-us-lawmakers">established the advisory council</a> in May 2023 to navigate the “increasingly complex and evolving” crypto landscape globally. The firm currently faces a lawsuit brought by the U.S. Securities and Exchange Commission. Coinbase is also involved in the 2024 election season through its Stand With Crypto initiative, aiming to <a href="https://cointelegraph.com/news/coinbase-political-initiative-features-lawmaker-admited-ethics-violations">encourage U.S. voters</a> to support crypto-focused lawmakers.
Magazine: <a href="https://cointelegraph.com/magazine/coinbase-sec-lawsuit-bitcoin-mining-metalawman-x-hall-of-flame/">Coinbase ‘is going to win’: MetaLawMan, X Hall of Flame</a>

Ex-Florida congressman joins Coinbase Global Advisory Council

Cointelegraph

Other articles published on May 20, 2024

Street Fighter 6 Akuma Update to Come With New Combo Trials

Crypto Price Analysis 20/5: Altcoins See Higher Rally As BTC Holds Strong Above $66,000

Trader turns $2.2K of SOL into $2.26M in 8 hours with new memecoin

Analyst Identifies Retik Finance (RETIK) as the Best Solana (SOL) Alternative in 2024, Lists on M...

Top 3 Altcoins to Buy Before They Explode

US Senate overturns SEC’s anti-crypto resolution, but will Biden veto? Law Decoded

Join our free newsletter for daily crypto updates!