๐ฃCoinbase Challenges SEC Jurisdiction Over DEXs:
Coinbaseโs Chief Legal Officer, Paul Grewal, has urged the SEC to retract its proposed amendments that would bring decentralized exchanges (DEXs) under its control.
Grewal argues that the SECโs approach is flawed, as DEXs canโt meet disclosure requirements designed for centralized platforms. He warns that the SECโs broad interpretation could lead to more unwarranted legal actions against crypto firms.