Coinbase's CLO to Face Congress Over Crypto Debanking

Coinbase CLO to Testify Before Congress on Crypto Debanking

Paul Grewal, Coinbase’s Chief Legal Officer (CLO), is set to testify at a congressional inquiry into Operation Choke Point 2.0. This testimony is only one component of a strategy to establish positive ties between the crypto community and the US federal government.

Coinbase has waged a sustained court battle to dig up old evidence of mistreatment yet is ready to comply with new and beneficial legislation.

Operation Choke Point 2.0 was a key piece of anti-crypto regulatory overreach that had a dire impact on the broader community. It directed financial institutions to “debank” crypto businesses, and attempts have been made to replicate it.

As the current government has started investigating these claims, Paul Grewal, Coinbase’s Chief Legal Officer (CLO), is set to testify against Operation Choke Point 2.0.

Sponsored