Coinbase’s Paul Grewal urges SEC to embrace change on crypto after Trump’s victory
- After Trump’s win, Coinbase’s Paul Grewal calls SEC to stop suing crypto and initiate rulemaking.
- Trump’s promise to fire SEC Chair Gary Gensler could pave the way for more crypto-friendly leadership.
- Coinbase takes heat over rumored token listing fees up to $300 million.
Paul Grewal, Coinbase’s Chief Legal Officer, has asked the US Securities & Exchange Commission (SEC) to reconsider how it regulates cryptocurrencies now that Donald Trump has been elected to a second term as president.
Grewal seemed hopeful that the SEC might change its regulatory model so that it focuses on open conversation and innovation instead of focusing on lawsuits. This view fits with the growing anger among crypto…
