Coinbase yesterday announced major changes to its legal team, one year after the Genius Act was passed and as the Clarity Act appears close to following suit.
Paul Grewal has stepped down as chief legal officer, to be succeeded by Molly Abraham, with legal VP Ryan VanGrack named vice chair and head of corporate affairs.
Why it matters: This effectively makes VanGrack, a veteran of both Citadel Securities and the Obama administration, the company's No. 2 executive, and we spoke briefly yesterday about the state of crypto regulation.
