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News Explorer — Coinbase Says 'Business As Usual' As It Prepares to Fight SEC Suit

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Jun 6, 8:47 pm
Decrypt

Coinbase Says 'Business As Usual' As It Prepares to Fight SEC Suit

Coinbase's Chief Legal Officer Paul Grewal called for Congress to adopt a draft bill to provide a regulatory framework for cryptocurrency transactions after the SEC sued the company for failing to register. He criticized the SEC's enforcement-only approach and urged Congress to pass the bill to create clearer regulations. Coinbase released an ad criticizing the SEC for not providing guidance or rules for operating legally in the crypto space.

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