Coinbase CLO Urges Clear Crypto Rules as US Falls Behind on Capitol Hill

• Coinbase CLO Paul Grewal to testify at Capitol Hill for clear crypto rules.
• Grewal mentioned that the United States is falling behind.
• In addition, Grewal is set to speak on the Digital Asset Market Structure Discussion Draft.

Coinbase chief legal officer Paul Grewal has recently announced that he will be testifying on Capitol Hill before the House Committee on Agriculture. In a long Twitter thread, he stated that the testimony addresses the necessity for clear crypto rules and the Digital Asset Market Structure Discussion Draft.

Tomorrow I will be testifying on Capitol Hill before the House Committee on Agriculture on the need for clear crypto rules and the Digital Asset Market Structure Discussion Draft. Read a summary of my testimony here/below:https://t.co/V4vTo0OT6L

— paulgrewal.eth (@iampaulgrewal) June 5, 2023

Grewal chalked out the summary of what he will be presenting at the testimony, with the primary focus on the necessity for clear crypto rules to protect American leadership and consumers.

I wanted to preview the three core points I plan to make to our elected officials: (1) the US is falling behind; (2) crypto is solving real-world proble…

The post Coinbase CLO Urges Clear Crypto Rules as US Falls Behind on Capitol Hill appeared first on Coin Edition.