bullish

Donald Trump

<ul class="wp-block-list news-points">
 <li>Coinbase CLO is bullish over Donald Trump’s election victory.</li>
 <li>Paul Grewal says the U.S. voters want change, including the crypto sector.</li>
 <li>Incoming results suggest Donald Trump will win the U.S. presidential election.</li>
</ul>
Paul Grewal, Chief Legal Officer at Coinbase, had made a bullish statement on social media, even before the news was out on Donald Trump’s win at the 2024 U.S. presidential election. In a post on X, Grewal had suggested that Trump’s victory should serve as a wake-up call for the U.S. Securities and Exchange Commission (SEC).
<div class="wp-block-image">
 <figure class="aligncenter size-full"><img decoding="async" width="545" height="274" src="https://coinedition.com/wp-content/uploads/2024/11/photo_2024-11-06_18-00-18.jpg" alt="" class="wp-image-540703" srcset="https://coinedition.com/wp-content/uploads/2024/11/photo_2024-11-06_18-00-18.jpg 545w, https://coinedition.com/wp-content/uploads/2024/11/photo_2024-11-06_18-00-18-300x151.jpg 300w, https://coinedition.com/wp-content/uploads/2024/11/photo_2024-11-06_18-00-18-380x191.jpg 380w, https://coinedition.com/wp-content/uploads/2024/11/photo_2024-11-06_18-00-18-159x80.jpg 159w, https://coinedition.com/wp-content/uploads/2024/11/photo_2024-11-06_18-00-18-440x221.jpg 440w, https://coinedition.com/wp-content/uploads/2024/11/photo_2024-11-06_18-00-18-414x208.jpg 414w, https://coinedition.com/wp-content/uploads/2024/11/photo_2024-11-06_18-00-18-326x165.jpg 326w, https://coinedition.com/wp-content/uploads/2024/11/photo_2024-11-06_18-00-18-377x190.jpg 377w, https://coinedition.com/wp-content/uploads/2024/11/photo_2024-11-06_18-00-18-123x62.jpg 123w, https://coinedition.com/wp-content/uploads/2024/11/photo_2024-11-06_18-00-18-129x65.jpg 129w" sizes="(max-width: 545px) 100vw, 545px">
 <figcaption class="wp-element-caption"><a href="https://x.com/iampaulgrewal/status/1854028953658577240" target="_blank" rel="noopener noreferrer nofollow">Source: X</a>
 </figcaption>
 </figure>
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Grewal emphasized that the voting results reflect a widespread demand for change, especially within the crypto industry. He urged the SEC to reconsider its current approach of litigating against crypto firms and instead to pursue open dialogue and establish immediate cryptocurrency regulations.
Trump’s confirmed win has sparked relief across the crypto community, who see this result as a step toward a more favorable environment for digital assets. According to the <a href="https://www.nytimes.com/interactive/2024/11/05/us/elections/results-president.html" target="_blank" rel="noopener noreferrer nofollow">New York Times</a>, Trump secured the presidency with a significant lead in electoral votes, signaling a shift that many in the crypto sector had …
The post <a href="https://coinedition.com/coinbase-clo-urges-pro-crypto-sec-reform-after-trumps-presidential-win/" rel="noopener noreferrer nofollow">Coinbase CLO Urges Pro-Crypto SEC Reform After Trump’s Presidential Win</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Coinbase CLO Urges Pro-Crypto SEC Reform After Trump’s Presidential Win

Coin Edition

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