Coinbase Strongly Opposes Senators Urge to Stop Approval of Cryptocurrency ETFs
Paul Grewal, the Chief Legal Officer of Coinbase, criticized a letter written by two US senators urging the Securities and Exchange Commission (SEC) to implement stricter regulations on Bitcoin exchange-traded funds (ETFs) and to avoid approving any further cryptocurrency ETF applications. In a post on March 15th, he challenged the claims made by Senators Jack Reed and Laphonza Butler and defended the necessity of expanding the ETF market to include assets beyond Bitcoin.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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