Coinbase Chief Legal Officer: Will not stop fighting until the United States sets clear encryption rules

PANews February 21st news, Coinbase Chief Legal Officer Paul Grewal posted on X platform that "case revocation" is a word that every case defendant is eager to hear. The US Securities and Exchange Commission will cancel the Coinbase case and there will be no settlement or Compromise – Mistakes will only be corrected. However, Coinbase still has a lot of work to do and cannot be distracted, and legislation is crucial to ensure that this illegal act does not happen again. Coinbase won't stop fighting until it sets out the clear rules needed to make the industry really flourish in the United States. Collaboration will be key, and we look forward to working with the U.S. Congress and SEC staff to drive progress in the next phase.