Coinbase continues fight for crypto clarity post-SEC suit (w/ Paul Grewal)

This week, we have a bonus episode! Jacquelyn interviewed Paul Grewal, chief legal officer at Coinbase. Grewal has been at Coinbase, the second largest crypto exchange globally, for almost three years. Previously he was the vice president and deputy general counsel at Facebook, among other roles. This week, Grewal has been busy testifying before Congress and addressing recent legal ramifications Coinbase faced.On Tuesday, the SEC sued Coinbase for securities laws violations, just one day after the agency sued Binance, the world’s largest crypto exchange. Separately, on Tuesday, the U.S. Court of Appeals for the Third Circuit gave the SEC a deadline to respond to Coinbase to clarify its stance on a rulemaking petition that the exchange asked for in July 2022. Jacquelyn sat down with Grewal to dive into the company’s operations going forward, how it plans to deal with the legal process, its level of confidence amid the crackdown, and plans for best and worst case scenarios.We also discussed: Potential crypto legislation from CongressU.S. agencies sentiment toward digital assetsFuture of assets listed on its exchangeBinance’s SEC caseNeed to catch up before you listen? Related articles are here: Coinbase chief legal officer expects new crypto laws to come in wake of SEC lawsuitsSEC Chair Gensler lambasts crypto industry after agency charges Binance, CoinbaseAfter Binance, US SEC sues Coinbase for securities laws violationsChain Reaction comes out every other Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.