Coinbase CLO Predicts Progress on Stablecoin Yield Negotiations Under Clarity Act Within 48 Hours

Close to Reaching an Agreement

Paul Grewal, the Chief Legal Officer (CLO) of leading US cryptocurrency exchange Coinbase, appeared in an interview with Fox Business on April 1st. During the interview, he stated that they are 'extremely close to an agreement' regarding the stablecoin yield issue under the Digital Asset Market Structure and Investor Protection Act, commonly known as the Clarity Act, and predicted progress within the next 48 hours...