Title: Coinbase’s Top Lawyer Reacts to Historic Stablecoin Bill: Details
In a recent tweet, Paul Grewal, Chief Legal Officer at Coinbase, shared his reaction to the historic stablecoin bill that has been making waves in the crypto industry. The GENIUS Act, which is expected to be passed by the Senate today, marks a significant milestone in the development of cryptocurrency regulations.
Grewal’s surprise and optimism over the advancement of this legislation are reflective of the broader sentiment among crypto holders who have long advocated for clear regulatory frameworks that foster innovation while protecting investors.
Source: u.today