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Search results for Paul Grewal

Crypto

Coinbase appoints veteran engineer Rob Witoff as CTO, CEO calls him key to AI shift

Coinbase has appointed long-serving engineer Rob Witoff as chief technology officer, the company said. CEO Brian Armstrong said Witoff has contributed to the company’s growth and played a key role in making Coinbase one of the world’s most active users of artificial intelligence. Witoff said he has formally begun his duties. The move comes as Coinbase accelerates an AI-first shift, following layoffs and organisational changes in 2026.

Crypto

U.S. police union backs Clarity Act revision, Coinbase urges Senate to take position

A large U.S. law enforcement organisation has publicly backed the latest revision to the Clarity Act, prompting Coinbase to press the Senate to clearly state whether it supports the amendment. Coinbase Chief Legal Officer Paul Grewal called for a public position after the Fraternal Order of Police declared support. The group said the revised bill reflects its concerns while preserving enforcement powers to investigate crypto-related crime.

Crypto

Stablecoin regulation debate heats up as Coinbase publicly backs U.S. CLARITY Act

Coinbase executives rejected concerns that privately issued, payment-focused stablecoins could increase systemic risk for the U.S. economy, while publicly backing the CLARITY Act, a bill aimed at clarifying digital asset markets. They said stablecoin oversight should not be framed as public versus private and argued the key issues are risk management, access and supervision. Coinbase also said stablecoin rules under the GENIUS Act differ from bank regulation and require fully backed reserves.