Coinbase CLO Accuses FDIC of Anti-Crypto Campaign

Quick Summary:

Paul Grewal, Coinbase Chief Legal Officer (CLO), noted that the situation is gradually becoming clearer as the company has begun to receive information from the FDIC related to its FOIA request concerning pause letters sent to financial institutions under Operation Chokepoint 2.0.

Paul Grewal, Coinbase CLO, wrote that clarity is emerging in the company’s situation with the FDIC.

The documents Coinbase wanted from the SEC pertain to closed investigations that would shed more light on the regulator’s approach to digital assets, including its recent investigation into Ethereum, which it had publicly labeled as not a security back in 2018.

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Article Details

Author / Journalist: Teuta

Category: Crypto

Markets: IndiaUnited States

Topics: 24/7 Cryptocurrency News Coinbase vs SEC Coinbase Paul Grewal

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 20:21:47 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 738 words

Reading Time: 5 minutes read

Sentences: 42 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23366555

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Main Topics: Crypto

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