Coinbase (COIN) CEO Brian Armstrong will meet with House Democrats in Congress behind closed doors on Wednesday morning, Bloomberg reported Monday, citing Democratic aides familiar with the plans.
Coinbase is embroiled in a legal battle with the Securities and Exchange Commission (SEC).
According to the group’s website, the private meeting will be with members of the New Democrat Coalition, a caucus of over a hundred Democrats who say they are committed to pro-economic growth, pro-innovation, and financially responsible policies.
According to the report, the summit would focus on “digital-asset legislation and related issues such as tax, national security, privacy, and climate.”
Separate legislation have recently been submitted in the House and Senate in an attempt to offer clarity to crypto policy.