Paul Grewal, Chief Legal Officer of Coinbase, will be retiring and transferred to the position of Adviser

On 10 July, Chief Legal Officer Paul Grewal of Coinbase wrote that he would leave the company after six years of Coinbase ' s term of office and would be a consultant at the end of the month, while continuing to serve on the Board of Directors of the Coinbase National Trust Company. Paul Grewal stated that during his term of office he had been involved in facilitating the listing of Coinbase, litigation and victory with the US SEC, promoting the relocation of the company from Delaware to Texas, and promoting the legalization of GENIUS Act and the upcoming CLARITY Act. According to Paul Grewal, Molly Abraham will succeed Coinbase as the new General Counsel in charge of corporate law. It indicated that Molly had been involved with him for more than five years in important legal battles in Coinbase and was a suitable successor leader. In addition, Ryan Van Grack will serve as Vice-Chair of the Board, working with global governments and partners to promote the key opportunities of Coinbase and to achieve beneficial results for clients and industries. Faryar Shirzad will continue to lead the Coinbase global policy team。