Coinbase’s Faryar Shirzad stated that the claims are simply wrong and misrepresent the exchange’s intention to promote progress in crypto regulatory matters.
Cryptocurrency exchange Coinbase has denied United States Senator Elizabeth Warren’s allegations that it employed former government officials to impede the progress of regulations for digital assets.
In a letter dated Dec. 22, Coinbase chief policy officer Faryar Shirzad rejected Senator Warren’s claims and asserted that the exchange continues to responsibly and actively advocate for regulatory measures in the crypto industry.
This comes after recent news that Coinbase has expanded its Global Advisory Council with four national security experts.
