Grewal Exits Coinbase Helm as Congress Eyes Crypto Regulation

Coinbase's chief legal officer, Paul Grewal, is leaving his role on July 31 to become an adviser after serving in the position since 2020.

Grewal will be succeeded by Molly Abraham, who will take on the role of general counsel as Congress prepares to revisit the CLARITY Act.

The leadership transition coincides with renewed attention on digital asset legislation in Washington, where Coinbase executives have urged lawmakers to pass the Digital Asset Market Clarity Act (CLARITY).