Donald Trump's victorious departure from the presidential elections in the USA also immediately mobilized Coinbase. Paul Grewal, the legal advisor of the stock exchange, sent a warning message to the SEC with a tweet. "There is no need to wait," Grewal said.

The fact that Donald Trump, who promised to support the crypto world, is the new owner of the White House, immediately activated the country's largest cryptocurrency exchange. Paul Grewal, the legal advisor of the exchange, gave a clear warning to the SEC, of which the company is a plaintiff.

“Stop suing, start talking”

In his tweet, Grewal stated that the SEC should change its policy as soon as possible and used the following statements:

“I hope the SEC understands what happened today. Voters have clearly shown that they want to change in many matters. Crypto is no exception. The SEC must now stop suing crypto companies. They should start talking to us. We have to start setting rules and laws. No need to waste time”

Gens are going, Pierce is coming

The crypto world wants SEC commissioner Hester Pierce, known as the "mother of crypto", to replace Gary Gensler. Pierce was one of the names who openly criticized Gensler and institutional policies recently. Pierce, especially at the last Financial Services Commission meeting attended by Gensler, criticized the institution he was in for acting arbitrarily. Pierce is also receiving the support of many Republican congressmen.

Trump promised to dismiss Gary Gensler if he was elected president and used harsh expressions saying, "I will fire him immediately."