Tech
EU Rules on Crypto Regulation Attributed to Changing Attitude of US Regulators, Says Coinbase Lawyer
Paul Grewal said it is important” that Ireland and other EU countries do not get “distracted” by other topics such as artificial intelligence before ensuring crypto licenses are fully in place
New rules on regulation cryptocurrency in Ireland have pushed US agencies to “get the message” about the opportunities offered by digital assets, a leading US lawyer has said.
Paul Grewal, chief legal officer at Coinbase, said he has begun to notice a change in the regulatory climate in the United States with regulators “increasingly concerned” about a competitive disadvantage compared to Europe. He said Ireland, and the rest of the EU, “deserves credit” for leading this…