Coinbase Chief Legal Officer Paul Grewal has called for increased support for crypto remittance from lawmakers. This year, crypto adoption continues to surge with more participants embracing its cross-border functionality among others. As crypto gradually becomes a mainstream issue, users push for the passage of wider industry regulations in the United States.
Coinbase Executive Advocates For Remittance
Paul Grewal wrote on X (formerly Twitter) stressing the importance of remittance global globally adding that it shouldn’t cost so much to send payments across borders.
“Crypto for remittance payments is a real solution to a real problem. It shouldn’t cost you an arm and a leg to support loved ones abroad. With 1 in 8 Americans sending money home to family last year, lawmakers need to pay attention to this real utility.”
The importance of crypto remittances has been stressed by many within the community as it offers faster solutions with blockchain technology able to cater to the
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