Discussion

• @iampaulgrewal @iampaulgrewal on x

  Today, we filed a narrow action in the U.S. Circuit Court to compel the SEC to respond “yes or no” to a rulemaking petition we filed with them last July asking them to provide regulatory guidance for the crypto industry. 1/4 https://coinbase.com/...

• @coinbase @coinbase on x

  1/ The community is clearly fired up about sensible crypto policy. Here's how to continue the support 👇 1️⃣: Mint a Stand With Crypto commemorative NFT 2️⃣: Add a shield emoji next to your Twitter display name 🛡️ 🔗 https://coinbase.com/... https://twitter.com/...

• @brian_armstrong Brian Armstrong on x

  I just minted Stand with Crypto https://zora.co/...

• @johnedeaton1 John E Deaton on x

  The @coinbase filing today is the 2nd Writ of Mandamus filed involving Crypto. I ❤️ the Petition b/c I filed Crypto's 1st Writ of Mandamus when I sued the SEC asking a judge to order the SEC to do its job and amend the @Ripple Complaint to only include direct sales by Ripple. htt…

• @attorneyjeremy1 Jeremy Hogan on x

  The best defense is a good offense. Coinbase v. SEC Apparently, Coinbase wasn't going to just sit around and wait for the inevitable lawsuit from the SEC. https://twitter.com/...

• @tphillips Todd Phillips on x

  This is a lot of trouble just so Coinbase can tell a court, when the SEC sues it, that it lacked clarity around the rules. They already were able to claim that. So what's the angle here? What does this lawsuit get Coinbase that it didn't otherwise have? I don't know. 2/2

• @tphillips Todd Phillips on x

  There's trouble lurking in here, and I don't know what it is. Coinbase is not going to get the SEC to write rules from this lawsuit. It's to make a statement. But they hired Eugene Scalia to write it. Scalia is a powerhouse lawyer, very strategic, and very expensive. 1/ https://t…

• @collins_belton Collins Belton on x

  Exactly the type of thing I've long been wanting to see. Fighting some court of public opinion battle can be important, but ultimately legislation and judicial interpretation dictates things, not Twitter clout or “vibes” from non-legal institutions, persons or processes. https://…

• @iampaulgrewal @iampaulgrewal on x

  It's obvious that there's a lack of clarity among our regulators regarding crypto, as even the chair of the SEC has declined to say which crypto assets are securities. 3/4 https://twitter.com/...

• @iampaulgrewal @iampaulgrewal on x

  The SEC is required by law to respond to petitions “within a reasonable time,” but they have not yet responded to our petition from last July, which is why we filed our action in court today. 2/4

• @iampaulgrewal @iampaulgrewal on x

  The crypto industry, and its users need clear laws and rules to follow that are built for a new technology. Enforcement actions based in inapplicable securities law aren't the answer. 4/4

• @brian_armstrong Brian Armstrong on x

  Important development https://twitter.com/...

• @belisarius2020 Bill Morgan on x

  @Coinbase relies on the Hinman speech as a suggestion the SEC would not view many crypto assets as securities. It must not realise in the Ripple case the speech was found to be Hinman's personal view. Of course the SEC argued several positions /1 https://twitter.com/... https://t…

• @0xethlaw John Montague on x

  This is an exceptionally unique and powerful strategy that @coinbase is exploring with the SEC. Leading crypto law/policy represents some incredible challenges, but @iampaulgrewal and team are doing such a fantastic job of treading the line with regulators carefully, while being.…

• @zachlight16 Zach Light on x

  This is a very important step for Coinbase. Short term price drop in $COIN is driven by regulation fears and $USDC tanking since SVB fiasco. But I think long term bull case gotten stronger in the last few months. 1/ https://twitter.com/...

• @belisarius2020 Bill Morgan on x

  Good to see @coinbase taking a proactive step that emphasises some of the criticisms about the SEC not providing clarity ventilated in the recent oversight hearing but it won't stop an enforcement action against Coinbase. https://twitter.com/...

• @ohaiom Jason Gottlieb on x

  This is a really strong brief. The SEC should not be allowed to “pocket veto” rulemaking to avoid court challenges. https://twitter.com/...

• @wmougayar William Mougayar on x

  Brilliant move by @coinbase @brian_armstrong @iampaulgrewal . Extremely well articulated case, exposing the SEC's obfuscation strategy. https://twitter.com/...

• @joecarlasare Joe Carlasare on x

  “The first and most important rule of legitimate or public war is to begin with a declaration of war or an explicit ultimatum.” - Carl von Clausewitz, On War https://twitter.com/...

• @cryptocarc David Wyly on x

  I love this. The SEC needs to provide clarity regarding crypto regulation — instead of simply swooping in w/ vague and spotty enforcement actions, which has chilling and hostile effect on the space. When you can't get a clear answer on a narrow question, force their hand 👏👏 https…

• @autismcapital @autismcapital on x

  Coinbase has been really standing their ground lately and standing up to regulator bullies. They deserve a shout out. Good job. 👏🏼 https://twitter.com/...