Coinbase’s head of litigation says states are “gaslighting” on prediction markets

Coinbase's head of litigation, Paul Grewal, has accused state regulators of "gaslighting" regarding the regulation of prediction markets, asserting that their stance is inconsistent and misleading. He argues that the regulatory framework should be clearer to foster innovation in the crypto space. Grewal emphasizes that prediction markets can provide valuable insights and should not be stifled by overly restrictive regulations. He calls for a more constructive dialogue between regulators and the crypto industry to address these issues.

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