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Paul Grewal, Coinbase\u2019s chief legal officer, shares his concerns about the SEC\u2019s recent warning that it would pursue legal action against the crypto exchange. With the U.S. markets regulator failing to provide clear rules on digital assets, Grewal discusses the implications for Coinbase and for the future of crypto in the United States.\n\nShow highlights:\n\nwhy Grewal was not surprised by the Wells notice\xa0\n\nhow Coinbase asked the SEC multiple times for clear rules and got no response, according to Grewal\n\nhow the SEC is withholding information about which rules Coinbase allegedly broke, according to Grewal\n\nCoinbase\u2019s efforts to disclose everything about its operations\xa0\n\nwhether Grewal thinks there was a change in the regulators\u2019 approach after the collapse of FTX\n\nwhy Grewal thinks this is not the right way to go to keep crypto in the United States\n\nthe jurisdictional fight between the CFTC and the SEC\n\nwhether Coinbase will proceed with litigation\xa0\n\nwhy Grewal thinks the Wells notice is a \u201cshot at crypto as a whole\u201d\n\nwhy Coinbase believes that its products are \u201cfully compliant\u201d\n\nwhat opportunities the U.S. Congress has to legislate blockchain technology\n\nThank you to our sponsors!\nCrypto.com\nRailgun DAO\xa0\nGuest\nPaul Grewal, chief legal officer at Coinbase\nPrevious appearances on Unchained: Just a Coincidence? Coinbase and Polygon Lawyers See Bad Omens in SEC Crackdown\n\nLinks\n\nCoinbase:\xa0\n\nWe asked the SEC for reasonable crypto rules for Americans. We got legal threats instead.\n\nThe Crypto Securities Market is Waiting to be Unlocked. But First We Need Workable Rules.\n\nUnchained:\xa0\n\nSEC Issues Coinbase a Wells Notice\n\nU.S. Supreme Court Hears First Crypto Case: Coinbase Arbitration Dispute\n\nBloomberg: Coinbase (COIN) Gets SEC Wells Notice Over Crypto Offerings\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices