
paulgrewal.eth
@iampaulgrewal
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Chief Legal Officer @coinbase. I talk a little crypto, a lot of law, and way too much Ohio sports.
California, USA
Joined January 2015
To understand the fallacy of the bank lobby’s arguments against consumer rewards, you just have to understand this. “The banking industry has all the tools it needs to either compete with stablecoins or to create new sources of revenue, including by facilitating stablecoins.”
I have an op-ed in MarketWatch making the case for why Congress should resist the bank lobby's attempt to ban third parties from paying rewards on stablecoins. After pointing out the various false claims of the banking industry, I conclude with the following: Congress and
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Conservative law students at @UChicagoLaw are perhaps 10-20% of the student body. But they so outperform in prestigious clerkships (this year 5-2 Supreme Court, apparently) that the Law School needs to dispel the "myth" that only conservatives get those clerkships.
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If I choose to custody my asset by myself using software, I do not need or want protections designed with custody by another in mind. This should not be hard to grasp or respect.
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I generally trust markets. This market is confirming what every @Browns fan knows: we suck.
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We just exported to the UK a 100 percent authentic @Browns experience. You are welcome to keep it.
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Angel in New York Zareen's in Palo Alto, Pakistani but come on focus on the underlying cuisine Tayyabs in London San Francisco? Good luck.
The best Indian food in NY and SF, according to @pitdesi: NY: Semma in Greenwich Village, Ambassadors Clubhouse, now in London but opening in NY next year SF: Ettan in Palo Alto, Udupi Palace in the Mission, Kolapasi in the Mission, and Jalebi Street in the Haight
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State-level charters and certifications have been instrumental as our business and the industry grew. But with crypto playing a bigger role in our everyday lives, it's time for the clarity, consistency, and opportunity a federal-level charter affords. 2/3
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The crypto market is global, and we need uniform national rules to protect every consumer as the market continues to evolve. That’s why we’ve applied for a @USOCC national trust charter and the federal regulatory oversight and clarity that it provides.
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Most folks struggling already know what they need. They don’t need another condescending lecture. They need resources and the chance to use them.
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After the court set a hearing yesterday on the Gensler @SECGov’s text destruction, today the SEC told the court it can’t engage because of the shutdown. But the SEC shutdown plan repeatedly says that it will engage where there is … “a threat to property.” Please.
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The Gensler-era @SECGov has left many more questions than answers about what records it destroyed and why. Congress is paying attention. Thank you to these leaders on @FinancialCmte.
NEW: Chairman @RepFrenchHill, @RepMeuser, @RepAnnWagner, and @RepBryanSteil sent a letter to @SECGov Chair @SECPaulSAtkins to raise concerns about the SEC’s mishandling of former Chair Gensler’s text messages and calls for stronger oversight to ensure compliance with federal
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We gotta get tax policy for crypto right. It's no less important than the other issues we've been tackling head-on this year. I can’t wait to hear @coinbase resident tax expert @LawrenceZlatkin dive in even further tomorrow in testimony before the Senate.
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Paul Grewal, Chief Legal Officer at @coinbase Global argues Congress needs to pass clear rules, claiming that he believes Clarity Act would have prevented FTX collapse https://t.co/O08E39yFEZ
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The district court just ordered everyone to appear on October 8 to address the destruction of documents by the Gensler @SECGov as detailed by its own inspector general. We appreciate the Court's attention to this matter.
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