Coinbase Hire Signals Growing Need for Digital Currency Lawyers

There’s growing demand for legal talent in the crypto world as digital currencies gain legitimacy in the eyes of financial institutions and federal regulators.

Last week, digital currency exchange company Coinbase Inc. announced that Paul Grewal would be its new Chief Legal Officer. Previously, Grewal served as Facebook Inc.’s deputy general counsel after nearly six years as a federal judge in California.

Grewal’s move is the most recent of a series of prominent hires in the crypto-legal world, which many experts say is a sign that crypto is gaining wider acceptance and indicates the industry’s growing need for legal talent. ...