Coinbase CLO: Hearing on Nevada Bid to Block Prediction Contracts Set for Next Week
Coinbase Chief Legal Officer Paul Grewal said a Nevada federal court hearing has been scheduled for next week after state regulators sought to block the listing of
#predictionmarket contracts without giving Coinbase a chance to be heard. Grewal noted that Congress has granted the
#CFTC exclusive jurisdiction over such contracts, emphasizing the importance of
#dueprocess in the ongoing regulatory dispute.