Ryan VanGrack

325 posts

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Ryan VanGrack

Ryan VanGrack

@RVanGrack

Vice Chairman @coinbase; fmr GC Citadel Securities, SEC Senior Advisor, White House Atty | law, politics, crypto & Duke bball (not necessarily in that order)

Katılım Eylül 2024
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Ryan VanGrack
Ryan VanGrack@RVanGrack·
No CEO or company has fought harder for effective crypto regulation than @brian_armstrong and @coinbase. I'm thrilled to be taking the helm as Vice Chair to ensure Coinbase's gold standard for digital assets dominates globally. The Clarity Act is at the one yard line. From my years already spent at Coinbase and my time at the SEC, I know what a crucial unlock a regulatory framework will be to protecting millions of American consumers who use crypto in their day-to-day lives. Americans deserve the best financial opportunities and protections, so it's great to see bipartisan support for getting this done. Thanks to @morningsmaria for having me on this morning to discuss the details.
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Ryan VanGrack
Ryan VanGrack@RVanGrack·
Modern finance is moving onchain. It's a question of when, not if. We're already seeing it with institutions embracing tokenization, and regulation will be the next major catalyst. No company is better positioned than @coinbase for the future of finance.
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Ryan VanGrack
Ryan VanGrack@RVanGrack·
Bipartisan compromise isn't about perfection, it's about progress over the status quo. The Clarity Act delivers an unquestioned benefit to Americans by establishing: → Clear disclosures & registration rules → Strict AML obligations → Robust consumer protections → New tools for law enforcement It’s time to take the win.
Faryar Shirzad 🛡️@faryarshirzad

Thank you @SenatorTimScott, @SenLummis, and @JohnBoozman - along with senators and staff on both sides of the aisle - for taking a huge step today to advance the CLARITY Act. Major legislation requires real compromise, and while the industry did not get everything it wanted, this bill is an extraordinary achievement and strikes the right balance. By bringing emerging technology under a clear federal umbrella while preserving the gold-standard protections of the U.S. financial system, this bill represents a major legislative achievement that the Senate should pass without delay.

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Ryan VanGrack retweetledi
Coinbase 🛡️
Coinbase 🛡️@coinbase·
The government tried to secretly kill crypto in America. We sued to expose this, and we won. We'll always fight for financial freedom.
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Ryan VanGrack
Ryan VanGrack@RVanGrack·
If sunlight is the best disinfectant, today represents a solar flare. We just secured an unprecedented FOIA win against the SEC—following a similar one against the FDIC. This isn't just a win for us; it’s a win for America. Transparency and access to modern finance shouldn't be optional. Proud to be part of the team that fought to preserve both.
Paul Grewal@iampaulgrewal

The SEC deleted a full year of Gary Gensler's communications at the peak of his campaign against crypto. The FDIC tried to secretly cut off an entire lawful industry from the banking system and buried the evidence. The US government doesn't get to operate like this. Unless the American people allow them to. So @Coinbase sued, won, and exposed the details, resulting in one of the largest FOIA awards in each agency's history. More details below.

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Ryan VanGrack
Ryan VanGrack@RVanGrack·
At this point, it's not a difficult choice. Let's get Clarity done.
Ryan VanGrack tweet media
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Ryan VanGrack
Ryan VanGrack@RVanGrack·
The Clarity Act represents a massive improvement over the status quo, providing clear and comprehensive rules of the road. It's a win-win-win for American investors, innovators, and standards. Thanks @squawkcnbc for having me, and shoutout to the guy in the background at the end who's clearly as excited about Clarity as we are.
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Ryan VanGrack
Ryan VanGrack@RVanGrack·
Economic freedom isn't a partisan concept. And neither is crypto. The adoption of digital assets by consumers and institutions reflects a demand for a more open, modern financial system that expands opportunity rather than preserves the status quo. If a bipartisan Congress can pass Clarity, the U.S. will sprint into a new era of transparency, consumer protection, and homegrown innovation. Enjoyed co-hosting alongside @RebeccaRettig1 on this week's @CoinDesk Podcast - The Policy Protocol.
CoinDesk@CoinDesk

🎥 @SenatorHagerty says Sen. Elizabeth Warren tried to 'destroy' the GENIUS Act. One year after the landmark stablecoin law was signed, its architect looks back at the fight to get it passed, and explains why the next battle over the CLARITY Act may be even tougher. Plus, @RebeccaRettig1 is joined by @RVanGrack, Coinbase's new Vice Chairman, to break down the Kalshi-CFTC-Michigan standoff, the U.S.-U.K.'s push to align on stablecoins. They also choose their 'zero' and 'hero' of the week. 00:00 Welcome to The Policy Protocol 01:14 Coinbase's New Vice Chairman Ryan VanGrack Co-Hosts 03:06 Kalshi, Michigan Courts, and the CFTC Standoff 07:51 US-UK Joint Statement on Stablecoins 11:22 Conversation with Senator Bill Hagerty 11:54 GENIUS at One Year: Countries Copying U.S. Language Word for Word 12:41 Warren's Midnight Amendments and the Real Fight Behind the Bill 17:51 What are CLARITY's Remaining Hurdles? 19:05 Will Democrats Allow a Win? Hagerty on CLARITY's Path Forward 21:11 World Cup Picks With Senator Hagerty 24:37 Hero of the Week: Harry Jung 25:35 Zero of the Week: Sam Bankman-Fried

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Ryan VanGrack
Ryan VanGrack@RVanGrack·
If you care about customer protection, support the Clarity Act. If you care about fostering innovation and the jobs of tomorrow, support the Clarity Act. If you care about American leadership (and American standards) in finance, support the Clarity Act. If you care about none of those things, then the status quo suits you just fine. We appreciate the leadership from @financialcmte. Now it’s time for the Senate to finish the job.
Financial Services GOP@FinancialCmte

WATCH: @RepTimmons on the importance of passing the CLARITY Act: “Well, I think that it's hard to even imagine what the world's going to look like in 20 years, but in order for us to continue to be the center of the global economy and to continue to provide the American dream that people have enjoyed for 250 years, we've got to get this right. And that's the importance of passing [the] CLARITY [Act]. And we gotta then build on it. And there's other pieces of legislation that will continue to give the rules of the road to the free market to continue to innovate.” 📺⬇️

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Ryan VanGrack
Ryan VanGrack@RVanGrack·
A unanimous Senate vote against an SBF pardon proves there is zero tolerance for market fraud. But symbolism isn't enough. We need to codify that stance as a country. At its core, the Clarity Act is a consumer protection bill designed to prevent frauds like FTX. So if Congress agrees an FTX situation should never happen again, it should agree on the Clarity Act.
Laura Shin@laurashin

⚖️ The Senate just voted unanimously: SBF should never get a pardon. "He had his day in court," said Sen. Lummis, who co-led the resolution with Sen. Gallego. unchainedcrypto.com/senate-passes-…

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Ryan VanGrack
Ryan VanGrack@RVanGrack·
A 21st-century financial system can't run on 20th-century rails. The choice is always the same: adapt or die. But the direction of travel is clear – major financial institutions that once resisted are embracing the benefits of crypto, and they're partnering with @coinbase to make it happen. The future belongs to those who build onchain. Thanks, @politico's @declanharty for the thoughtful conversation.
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Senator Cynthia Lummis
Senator Cynthia Lummis@SenLummis·
We've been working on the Clarity Act every day for 10 months, and we'll introduce bill text in the next few days — it's time to land this plane. This is about helping law enforcement fight illicit finance, passing consumer protections and keeping these markets onshore in the US.
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Ryan VanGrack
Ryan VanGrack@RVanGrack·
There’s more desire and momentum than ever to get Clarity across the finish line. It's time for America to lead on this issue - and bring clear, broad protections to the tens of millions of crypto users in our country. It's time to get this done.
Senator Cynthia Lummis@SenLummis

Millions of Americans already hold digital assets with no federal framework protecting them. The Clarity Act gives Americans the confidence and security they need to participate in our digital economy.

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Ryan VanGrack
Ryan VanGrack@RVanGrack·
@xethalis Was merely following your lead at the senate hearing 😁
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