Coinbase’s Legal Chief Testifies Before US Congressional Committee

• Coinbase’s Chief Legal Officer Paul Grewal recently testified before the US House Committee on Agriculture.
• Grewal addressed the SEC’s lawsuit against Coinbase and called out the regulator for its enforcement-only approach.
• The Coinbase executives urged US politicians to adopt the recently unveiled Digital Asset Market Structure bill.

Coinbase’s Chief Legal Officer Paul Grewal recently appeared on Capitol Hill to testify before the US House Committee on Agriculture. During his testimony, Grewal called out the SEC for its enforcement-only approach in light of the regulator’s lawsuit against Coinbase. He also argued in favor of the Digital Asset Market Structure discussion draft that was unveiled by House Republicans last week.

Paul Grewal appeared before the US Congressional Committee to testify in the hearing titled, “The Future of Digital Assets: Providing Clarity for Digital Asset Spot Markets.” He presented Coinbase’s views on the Digital Asset Market Structure discussion draft that was released by House Agriculture Committee Chairman G.T. Thompson and Financial Services Committee Chairman Patrick McHenry.

The Coinbase lawyer began his tes…

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