According to @iampaulgrewal, Coinbase Chief Legal Officer, the company is open to dialogue with the SEC if the regulator drops what Grewal describes as an 'unfounded lawsuit' (source: Twitter, May 31, 2025). This public stance signals continued legal tension between Coinbase and the SEC, which directly affects the regulatory outlook for crypto exchanges in the US. Traders should monitor updates, as prolonged legal disputes may influence trading volumes, market volatility, and the listing status of select cryptocurrencies on regulated exchanges.