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Coinbase CLO Challenges US Treasury's Crypto Mixing Rule, Here's Why

source-logo  coingape.com 23 January 2024 11:00, UTC

In a bold stance against proposed regulations, Coinbase’s Chief Legal Officer (CLO), Paul Grewal, has criticized the U.S. Treasury’s recent rule on crypto mixing. Meanwhile, the company supports effective regulations but raises concerns about the potential burden of bulk data collection and reporting requirements.

coingape.com