Coinbase chief legal officer Paul Grewal has urged the SEC to foster crypto innovation over litigation amid Trump’s pledge to fire Gensler.
Paul Grewal, chief legal officer at Coinbase, has publicly urged the United States Securities and Exchange Commission to change its approach toward crypto following Donald Trump’s election as president for a second term.
Grewal expressed hope that the SEC would adopt a regulatory framework that favors open dialogue and innovation over litigation, reflecting a sentiment growing among crypto advocates who are increasingly frustrated with what they see as excessive enforcement actions by the US regulator.
With Trump promising to fire SEC Chair Gary Gensler, an SEC shakeup could impact more than just the future of crypto in the US.
