• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Market Cap
  • Shop
What's Hot

What Is Proof-of-Work (PoW) in Blockchain? A Beginner-Friendly Guide

2025-05-12

What is Proof-of-Authority (POA) Consensus in Blockchain?

2025-05-10

What Is Proof-of-Stake (PoS)? Guide to Blockchain Consensus for Beginners

2025-05-09
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
Twitter Instagram YouTube
Crypto Semantic
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of January 28

    2025-02-03

    Op-Ed: The Artist and the Artificial Sublime

    2025-01-20

    Zora launches onchain NFT secondary markets with Uniswap

    2024-08-12

    NFT sales surge led by DMarket on Ethereum

    2024-08-12

    Top NFT Collections by Sales This Week: DMarket Surges Ahead

    2024-08-11
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Analyst Says Momentum Is Going To Switch to Ethereum, Predicts Capital Rotation to Altcoins

    2024-02-20

    Bitcoin Price Rally In Jeopardy? Decoding Key Hurdles To More Upsides

    2024-02-19

    Arweave’s AR token hits 18-month high amid rapid growth and innovation

    2024-02-19

    Largest Bitcoin Whales Gobble Up Nearly $13,000,000,000 Worth of BTC in 2024 Alone: Santiment

    2024-02-19

    NEAR Skyrockets 30% – Investors Intrigued By These Metrics

    2024-02-19
  • Learn

    What Is Proof-of-Work (PoW) in Blockchain? A Beginner-Friendly Guide

    2025-05-12

    What is Proof-of-Authority (POA) Consensus in Blockchain?

    2025-05-10

    What Is Proof-of-Stake (PoS)? Guide to Blockchain Consensus for Beginners

    2025-05-09

    What is a Layer-1 (L1) Blockchain? L1 Problems & Future

    2025-05-03

    What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

    2025-05-02
  • Market Cap
  • Shop
Crypto Semantic
Home»Regulation»Coinbase Executive Says US Government Squandering Lead in Technology With Lack of Crypto Regulatory Clarity
Coinbase Executive Says US Government Squandering Lead in Technology With Lack of Crypto Regulatory Clarity
Regulation

Coinbase Executive Says US Government Squandering Lead in Technology With Lack of Crypto Regulatory Clarity

2023-03-27No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

A high government at digital asset alternate big Coinbase says that the US authorities is squandering its international lead in expertise on account of its hesitance to create clear crypto tips.

Coinbase’s chief authorized officer Paul Grewal says that different international locations are making headway whereas regulators within the US are locked up in years-long authorized battles over crypto property.

“Whereas People proceed to attend for smart guidelines for crypto, different international locations usually are not sitting round. By counting on threats and years-long courtroom battles, we’re squandering one more lead in expertise. Is that actually what this nation needs, as soon as once more?”

Beforehand, Grewal mentioned on the Unchained podcast that if an organization like Coinbase will be focused by the U.S. Securities and Alternate Fee (SEC), then so can different crypto corporations.

“This isn’t only a combat for Coinbase, it is a combat for all crypto. If accountable actors with severe AML [anti-money laundering] and KYC [know your customer] packages, publicly listed, which can be submitting petitions for rulemaking and trying to interact with the federal government will be handled on this trend, no one else is protected both.”

Lately, the US-based crypto alternate obtained a Wells Discover from the SEC. The discover says the company has made a “preliminary willpower” to suggest the company file an enforcement motion towards Coinbase for allegedly violating securities legal guidelines.

Based on Grewal, the Wells Discover is a “huge overreach” on the a part of the SEC.

Grewal additionally said that the SEC has offered no related info to Coinbase on easy methods to be compliant with rules regardless of assembly with them dozens instances during the last 9 months.

See also  $9,990,000,000 in Tether (USDT) Sitting on Crypto Exchanges, at Highest Level in Seven Months: Santiment

“Simply to provide you some sense of the conversations that predated the [Wells] discover, we have now met with the SEC on not less than 30 events during the last 9 months to attempt to get to some frequent understanding of what registration might appear like for a cryptocurrency alternate like Coinbase…

We’ve primarily hit a brick wall.”

Do not Miss a Beat – Subscribe to get crypto electronic mail alerts delivered on to your inbox

Verify Worth Motion

Comply with us on Twitter, Fb and Telegram

Surf The Day by day Hodl Combine

Featured Picture: Shutterstock/Sample Traits



Source link

Clarity Coinbase Crypto Executive Government lack Lead regulatory Squandering Technology
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ZachXBT reveals Coinbase users lost another $45M in a week to ongoing social engineering scams

2025-05-07

FBI reports $9.3 billion in US targeted crypto scams as elderly hit hardest

2025-04-24

Phishing scammers now exploiting Google’s infrastructure to target crypto users

2025-04-16

Most Profitable Crypto to Mine in 2025: Best Altcoins for Mining

2025-04-11
Add A Comment

Leave A Reply Cancel Reply

Top Posts
DeFi

Ethereum DeFi protocol Hope Lend drained after exploit

2023-10-18

Ethereum decentralized finance (DeFi) protocol Hope Lend has subsequent to zero property left in its…

Blockchain

Republic lists profit-sharing digital security on Avalanche

2023-11-29

Crypto funding platform Republic will listing its profit-sharing digital asset, the Republic Word, on the…

Analysis

ADA Price (Cardano) Breaking This Confluence Resistance Could Restart Rally

2023-11-20

Cardano (ADA) is transferring greater from the $0.350 assist. ADA may rally if there’s a…

Subscribe to Updates

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Twitter Instagram
Popular Post

Symbiotic increases the deposit limit, added $800 million in 4 hours

2024-07-04

Bitcoin’s fall to $67K fueled $200M liquidations – What next for holders?

2024-03-15

Trader Says This Altcoin Could Be ‘Very Good’ for Next Bull Market, Details Path Forward for Bitcoin

2023-09-28

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
© 2025 cryptosemantic.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • Kinza Babylon Staked BTCKinza Babylon Staked BTC(KBTC)$83,270.000.00%
  • Vested XORVested XOR(VXOR)$3,404.231,000.00%
  • ICPanda DAOICPanda DAO(PANDA)$0.003106-39.39%
  • bitcoinBitcoin(BTC)$103,421.00-0.42%
  • ethereumEthereum(ETH)$2,586.33-0.10%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.55-0.06%
  • binancecoinBNB(BNB)$651.84-1.35%
  • solanaSolana(SOL)$176.13-0.31%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • Kinza Babylon Staked BTCKinza Babylon Staked BTC(KBTC)$83,270.000.00%
  • Vested XORVested XOR(VXOR)$3,404.231,000.00%
  • ICPanda DAOICPanda DAO(PANDA)$0.003106-39.39%
  • bitcoinBitcoin(BTC)$103,421.00-0.42%
  • ethereumEthereum(ETH)$2,586.33-0.10%
  • tetherTether(USDT)$1.00-0.01%
  • rippleXRP(XRP)$2.55-0.06%
  • binancecoinBNB(BNB)$651.84-1.35%
  • solanaSolana(SOL)$176.13-0.31%
  • usd-coinUSDC(USDC)$1.00-0.01%
bitcoin
Bitcoin (BTC) $ 103,509.73
ethereum
Ethereum (ETH) $ 2,593.39
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.56
bnb
BNB (BNB) $ 653.06
solana
Solana (SOL) $ 177.31
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.233062
cardano
Cardano (ADA) $ 0.807398
tron
TRON (TRX) $ 0.275518
bitcoin
Bitcoin (BTC) $ 103,509.73
ethereum
Ethereum (ETH) $ 2,593.39
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.56
bnb
BNB (BNB) $ 653.06
solana
Solana (SOL) $ 177.31
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.233062
cardano
Cardano (ADA) $ 0.807398
tron
TRON (TRX) $ 0.275518