🚨 Coinbase CLO Slams State Agencies for Ignoring CLARITY on Staking

🏛 While the crypto industry celebrates the GENIUS and CLARITY Acts as regulatory wins, Coinbase Chief Legal Officer Paul Grewal is raising a red flag.

⚖️ Grewal is calling out U.S. state agencies for disregarding the CLARITY Act's position that crypto staking-as-a-service is not a security.

📌 Despite the federal law’s guidance, several state regulators continue to target crypto firms, creating confusion and undermining national progress.

🗣 “How can we move forward if federal and state regulators aren't on the same page?” – Grewal’s message is clear: Unified regulation is essential for innovation and compliance to thrive.

🌐 As staking becomes a cornerstone of Web3 ecosystems, regulatory alignment isn’t just a legal issue — it's a catalyst for trust, adoption, and growth.

#Coinbase #Crypto #Staking #CLARITYAct #GENIUSAct

https://coingape.com/coinbase-clo-slams-state-agencies-over-crypto-staking-crackdown-despite-clarity-act/?utm_source=bnb&utm_medium=coingape