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Why Coinbase’s push for new crypto rules might be too late

The crypto firm is realistic that the bill might not make it into law this year

Paul Grewal, chief legal officer of Coinbase, said he believes the bill could get a full vote on the House floor as soon as November
Paul Grewal, chief legal officer of Coinbase, said he believes the bill could get a full vote on the House floor as soon as November Photo: Bloomberg via Getty Images

Coinbase Global is spearheading one of the biggest lobbying pushes the crypto industry has tried in a while, in an effort to build support among lawmakers to pass new rules for the industry.

For this year, the push might be too late.

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