Coinbase to Congress; More Clarity not Regulation Needed

Coinbase spokesman Mike Lempres told a congressional hearing that more regulation would only add to the confusion of the hodgepodge regulatory statues which already exist.
Coinbase Asks for Clarity
The House Financial Committee held a hearing entitled “Examining the Cryptocurrencies and ICO Markets.” yesterday. This was the first hearing that members of Congress specifically addressed the crypto market as reported by Forbes.
Paramount to the hearings, mandate was to examine