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Coinbase CLO Acknowledges Bipartisan Support for FSC’s Crypto Bill

Published 28/07/2023, 08:58
© Reuters Coinbase CLO Acknowledges Bipartisan Support for FSC’s Crypto Bill
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  • Paul Grewal shared his remarks on the Democrats’ and Republicans’ support for the Clarity for Payments Stablecoin Act.
  • Coinbase (NASDAQ:COIN) lawyer commented that “Rs and Ds” could do good things while focusing on the American people.
  • Grewal acknowledged their votes as an important vote on an important protection for US investors.

Paul Grewal, the Chief Legal Officer at the popular crypto exchange Coinbase, recently sent forth a remark on the approval of the regulatory framework for payment stablecoins, the Clarity for Payments Stablecoin Act. The Coinbase attorney commented that the Democrats and the Republicans could do “good things” while focusing on the Americans, reflecting on the votes and support showered by both parties.

The House Financial Services Committee passed the Clarity for Payments Stablecoin Act, with a 34-19 vote, marking the second landmark crypto bill, as proclaimed by the committee on July 28. The other remarkable cry…

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