Paul Grewal

The American Bankers Association is attempting to kill a bill regarding stablecoins, prompting pushback from crypto industry leaders. The bill, known as the Digital Asset Market Clarity Act, aims to establish a federal regulatory framework for digital assets. The ABA claims that the bill would incentivize the flight of bank deposits into payment stablecoins.

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.

Trump officials signal a shift in U.S. government approach to crypto, emphasizing support for developers and focusing enforcement on criminal activity rather than code creators. Acting Attorney General Todd Blanche and FBI Director Kash Patel criticized past administrations for stifling innovation through misguided prosecutions of crypto developers.

FBI Director Kash Patel, Deputy Attorney General Todd Blanche, and Coinbase's Paul Grewal will discuss 'Ending the War on Bitcoin' at Bitcoin 2026 in Las Vegas, focusing on federal policy, developer rights, and privacy tools. The event, held April 27–29, 2026, follows a trend of growing attendance at Bitcoin conferences in the U.S.

Coinbase has moved its legal battle over New York's prediction markets to federal court. The company's legal chief, Paul Grewal, highlighted the conflict between federal CFTC authority and state gambling laws as a central issue.