💥Paul Grewal, Chief Legal Officer of Coinbase, has provided key insights into the SEC’s ongoing investigation into Ethereum 2.0, particularly focusing on Coinbase’s staking services. The SEC's document requests target several core areas: user agreements and disclosures, internal communications, technical specifications, and compliance procedures. This scrutiny reflects the regulator's intent to assess whether Coinbase’s staking offerings may fall under securities laws. While reaffirming Ethereum is not a security, Grewal highlighted Coinbase’s cooperation and emphasized the broader need for regulatory clarity. The outcome of this investigation could set critical precedents for staking services and the regulatory status of Ethereum.

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