Coinbase Chief Legal Officer Paul Grewal criticized parts of the banking industry for their continued resistance to cryptocurrency rewards and yield products. Speaking at CoinDesk Live during Consensus 2026, Grewal remarked that some banks remain "a bit miffed" over their failure to eliminate these offerings. He urged banks to accept the current regulatory clarity and adapt to the evolving financial landscape.
Coinbase CLO Criticizes Banks' Stance on Crypto Rewards and Yield
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