Coinbase Chief Legal Officer: I hope the SEC will stop prosecuting cryptocurrencies and start formulating rules
"Hopefully the SEC understands what happened in the election," Paulgrewal.eth, Coinbase's chief legal officer, said in a social media post. "On many, many issues, voters have said loudly and clearly that they want change. Cryptocurrencies are no exception. Stop suing cryptocurrencies and start talking to them. Start making rules now, there's no reason to wait any longer."