A former Florida congressman has joined the Coinbase Global Advisory Council
Kendrick Meek, previously serving as a house representative for the 17th congressional district of Florida, has joined the board of the cryptocurrency exchange Coinbase in the digital asset regulatory landscape.
In a May 20 X post, Coinbase Chief Policy Officer Faryar Shirzad Meek said he had joined the exchange's global advisory council as part of an “effort to modernize[e] The system” regulates digital assets in the United States. The former Florida congressman served in the US House of Representatives from 2003 to 2011 and was a member of the House Ways and Means Committee on Taxation.
According to a report from The Hill, Meek supports digital assets “as they provide new opportunities to address the systemic issues that have plagued our financial system.” Other former US lawmakers will serve on the House, 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: Coinbase faces new lawsuit over alleged investor fraud
Coinbase established an advisory council in May 2023 to navigate the “increasingly complex and evolving” crypto landscape globally. The company is currently the subject of a lawsuit filed by the US Securities and Exchange Commission. Coinbase will participate in the 2024 election season through the Stand With Crypto initiative, which aims to encourage US voters to support crypto-friendly lawmakers.
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