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CryptoIntelligence 2024-11-06 13:05:55

Coinbase Urges SEC to Change Crypto Strategy After Donald Trump Claims Victory

Coinbase Urges SEC to Change Crypto Strategy After Donald Trump Claims Victory

Paul Grewal, Chief Legal Officer at Coinbase, has publicly urged the U.S. Securities and Exchange Commission (SEC) to reconsider its approach to crypto regulation following Donald Trump’s re-election as president. Grewal expressed hope for a regulatory framework that emphasizes open dialogue and innovation over litigation. This sentiment reflects growing frustration among crypto advocates, who view the SEC’s enforcement actions as excessive. Trump has pledged to fire SEC Chair Gary Gensler, suggesting a potential shakeup that could significantly impact crypto’s future in the U.S. Following his election victory, Trump promised to “turn the country around” and unify the nation. During his

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