Coinbase CLO To Testify About Operation Choke Point
Paul Grewal, the chief legal officer of Coinbase (CLO), will testify in Congress’s inquiry of the CHOKE Point 2.0 operation. This testimony is only an integral part of the establishment of an active connection between the establishment of an encrypted community and the US federal government.
Coinbase conducted a continuous court battle to tap the old evidence of abuse, but prepared to abide by new and beneficial legislation.
Coinbase vs operating disorder 2.0
Operating blocking point 2.0 is An excessive anti -transparent supervision This has a terrible impact on a broader community. It indicates that financial institutions “revoke” cryptocurrency business, and Has been tried to copy it.
As the current government begins to investigate these claims, Paul Grewal, chief legal officer of COINBASE testify Opposition to operate disorder 2.0.
“This week, Congress is withdrawn. In order to help, Coinbase submitted a letter to explain why the bank regulators should use the millions of Americans who use digital assets to clear the unfair obstacles of cryptocurrencies. The era of cryptocurrencies, the edge of the financial sector-it is time to reflect this federal regulations.
Specifically, melting is open in the US federal regulatory agency. President Trump Vowing to solve the anti -Crapto bank suppressionHouse of Representatives Supervision Committee Recently announced a wide range of investigations on this matterEssence
Inspired by this progress, some community characters are even Reveal your own system harassment story After years of silence.
However, if there is a major leader in the struggle against Choper Point 2.0, it will be common. In January Forced FDIC revealed Clearly improper supervision behavior and behavior Accused of hiding more abominable evidenceEssence
However, Coinbase’s vision is more extensive than the operation of the operation of Choke Point 2.0. This week, it is promote For the “clear, consistent encrypted banking rules”, a new and common relationship replaces old harassment.
Gream’s testimony is scheduled to be held on Thursday, but this is part of this more extensive campaign.
“I will also learn from the Foia Copepoint 2.0 lawsuit before the Financial Services Committee on Thursday. I am honored to help you clarify the unfair treatment of our industry.” Grevar wrote.
Although a wider range of communities Opposition to operating disorder 2.0Together, the common insertion. Communication has been constantly criticizing old US policies.
In addition, it has adopted positive steps to comply with new laws. Coinbase hopes to re -concept the relationship between the federal government and the cryptocurrency community and formulate a successful plan.
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