Bitcoin rallied after Coinbase announced it will add crypto to its balance sheet.
The car company's CEO responded via Twitter to a thread by Coinbase CEO Brian Armstrong, who has been critical of the tax provision and a late amendment to it.
Brian Armstrong is listed on the central bank's calendar, public records show.
Armstrong said he visited Capitol Hill to network and help answer questions about crypto.
The amount represents roughly 1.5% of his holdings.
According to Hurun Report's 2020 ranking, there are 17 blockchain billionaires, 11 of whom were new additions in 2020.
The Coinbase CEO is among the world’s 500 richest people, per Bloomberg.
The 38-year-old tech CEO received nearly $60 million in total compensation last year.
Brian Armstrong provided words of warning to new cryptocurrency investors amid bitcoin's latest climb to fresh all-time highs.
Coinbase CEO Brian Armstrong publicly voiced concern that the outgoing Trump Administration may ram through onerous new data-collection requirements for crypto exchanges.
Global Marketing Head John Russ is the latest in a string of departures from the crypto exchange over recent weeks.
Williams' venture firm no longer displays Coinbase in its portfolio.
In a LinkedIn post, Vice President of Business and Data Dan Yoo announced he is leaving the company after CEO Brian Armstrong's blog post saying the company was moving in an ‘apolitical’ direction and later offered a severance package for employees who disagreed.
Sixty of Coinbase’s 1,200 employees have accepted the exit package offered by CEO Brian Armstrong, according to a memo obtained by CoinDesk.