‘Clarity Act will pass this summer’: Coinbase CLO Grewal backs stablecoin compromise, urges banks to accept deal

Coinbase CLO Paul Grewal expects the Clarity Act to pass this summer and supports the Tillis-Alsobrooks stablecoin compromise, urging banks to accept the deal. The Clarity Act is related to stablecoin regulation. Coinbase is taking a proactive stance on the issue.