Coinbase Chief Legal Officer: We Won’t Stop Fighting Until U.S. Sets Clear Regulatory Rules for Cryptocurrencies
According to BlockBeats, on February 21, Paulgrewal, Coinbase’s chief legal officer, published an article stating that “withdrawal of lawsuits” is the word every defendant is hoping to hear, and that the U.S. Securities and Exchange Commission (SEC) will drop the case against Coinbase, without any settlement or compromise – the mistakes will only correct themselves.
However, Coinbase still has a lot of work to do, without getting distracted, and legislation is essential to ensure that such illegal acts do not happen again. Coinbase will not stop fighting until clear rules are established to allow this industry to truly thrive in the United States. Collaboration will be essential, as we look forward to working with the U.S. Congress and SEC staff to advance the next step.
Source: BlockBeats
