Coinbase Chief Legal Officer: Nevada Court Rejects State Commission's Application to Block Its Launch of Prediction Market Contracts

Coinbase Chief Legal Officer Paul Grewal posted on the X platform that the Nevada Gaming Control Board previously sought support from a Nevada court to unilaterally block it from launching any sports-related or other types of activity contracts in Nevada without providing an opportunity for debate. Today, the court rejected this request.

Coinbase Chief Legal Officer Paul Grewal argued that due process requires at least an opportunity to obtain a hearing.