Crypto In America XRP ETF Record Launch | Coinbase Heads South | Senate Ag Bill Buzz
Nov 14, 2025
Paul Grewal, Chief Legal Officer of Coinbase, delves into their strategic shift from Delaware to Texas, highlighting the state's new appeal for crypto innovators. Steve McClurg, CEO of Canary Capital, celebrates the groundbreaking launch of the first XRP spot ETF, sharing insights on its record-breaking volume and operational hurdles. Meanwhile, Cody Carbone, CEO of the Digital Chamber, discusses the Senate Agriculture Committee’s market structure draft, emphasizing the need for bipartisan cooperation to overcome legislative challenges.
AI Snips
Chapters
Transcript
Episode notes
Why Coinbase Chose Texas
- Coinbase moved from Delaware to Texas seeking more predictable, business-friendly corporate law.
- Paul Grewal said Texas offers clearer rules and competing states can improve consistency for companies.
Atkins Signals Flexible Howey Approach
- Chair Atkins is reframing Howey to allow tokens to evolve out of securities status over time.
- Paul Grewal called this return to precedent reassuring for industry legal certainty.
Reengage Lawmakers Now The Shutdown Ended
- Expect regulatory work to accelerate now the shutdown ended and staff resume full operations.
- Industry should re-engage lawmakers quickly to maintain momentum for market-structure progress.