Coinbase adds former Rep. Kendrick Meek as House tees up crypto vote

Former Rep. Kendrick Meek (D-Fla.) is joining Coinbase’s global advisory council, the cryptocurrency trading giant first told The Hill.

Meek’s addition to the council comes ahead of the House vote on the Financial Innovation and Technology for the 21st Century Act (FIT21). 

FIT21 would make major changes to the regulation of digital assets including crypto, notably expanding the jurisdiction of the Commodity Future Trading Commission to regulate most cryptocurrencies as commodities.