Coinbase CLO Urges to Rescind Prohibition on SEC Staff Holding Crypto Grewal emphasized the need for the SEC staff to use the crypto technology, on which they are making recommendations. Paul Grewal, chief legal officer for Coinbase, has urged to rescind prohibition of SEC employees from holding or using cryptocurrencies. He called the prohibition “particularly egregious” as the vast majority of crypto activity does not involve securities. In a letter to the acting director of the US Office of Government Ethics (OGE), Grewal stressed that SEC staff need to use crypto and understand the technology before making recommendations for regulatory proposals. He noted that “potential conflicts” in removing the ban can easily be managed. #Binance #Bitcoin #XMR #ZachXBT #BTC #blockchain #crypto #cryptocurrency #SEC #OGE #Coinbase https://cryptonews.com/news/coinbase-clo-urges-to-rescind-prohibition-on-sec-staff-holding-crypto/