$100M In PAC Funding, But Still No Crypto Laws — What Coinbase Wants Washington To Know

Coinbase‘s (NASDAQ:COIN) Chief Legal Officer Paul Grewal on Tuesday called on Congress to pass a series of long-awaited crypto bills, stressing that “sensible rules” for digital assets are “critically important” to maintaining America’s global competitiveness in finance and technology.

In an interview with CNBC, Grewal emphasized the urgency of passing the Clarity Market Structure Act, the Genius Act focused on stablecoins, and the Anti-CBDC Surveillance State Act.

“It’s critically important that we make progress on these bills to preserve America’s competitiveness,” Grewal said, highlighting the lack of regulatory clarity that currently clouds the digital asset landscape.

Coinbase recently launched a six-figure campaign to rally support for …

Full story available on Benzinga.com