Archives

February 14, 2021 @ 11:35 am By Omar Faridi  |  

Digital asset exchange Coinbase recently explained how the company is building digital payments systems. Coinbase says that it aims to create an open financial system for consumers and businesses across the globe. The Coinbase Payments team’s mission is “to empower customers to move money in… Read More

February 4, 2021 @ 9:39 pm By Samantha Hurst  |  

U.S. banking group Vast Bank announced on Thursday it has teamed up with cryptocurrency exchange platform Coinbase to complete an end-to-end cryptocurrency transaction. The bank claims it is the first nationally chartered financial institution to both purchase and provide custody services for a digital asset on… Read More

February 4, 2021 @ 5:34 pm By Omar Faridi  |  

Digital asset exchange Coinbase recently published its Around the Block #11: “A snapshot of decentralized finance (DeFi) and two sides of the crypto regulatory spectrum” (report), which aims to cover important issues in the crypto and blockchain industry. In this latest edition, released on February… Read More

January 29, 2021 @ 8:13 am By Omar Faridi  |  

Digital asset exchange Coinbase has confirmed its plans to become a publicly-traded company “pursuant to a proposed direct listing of its Class A common stock.” Coinbase Global, Inc. noted in a blog post published on January 28, 2021, that the proposed listing is “expected to… Read More

January 26, 2021 @ 7:47 pm By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has requested a rulemaking pause from the Financial Crimes Enforcement Network (FinCEN) following the Biden White House guidance to agencies. Coinbase writes in a letter that was reportedly shared with Kenneth Blanco, Director, FinCEN on January 25, 2021, that after… Read More

January 24, 2021 @ 9:41 am By Omar Faridi  |  

Digital currency exchange Coinbase has reportedly managed to grow its total assets to $90 billion. Meanwhile, Coinbase Custody AUC represented over half or 50% of this total. San Francisco-based Coinbase now claims more than 43 million verified users. The exchange reportedly executed single trades surpassing… Read More

January 20, 2021 @ 8:45 am By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has revealed that it will be acquiring leading blockchain infrastructure platform, Bison Trails. Coinbase stated in a blog post published on January 20, 2020 that the planned acquisition will allow Bison Trails to “accelerate its mission” to offer intuitive and… Read More

January 6, 2021 @ 5:42 pm By Omar Faridi  |  

Hedge funds are increasingly looking to San Francisco-based Coinbase for innovative portfolio solutions, the cryptocurrency exchange claims. Coinbase was reportedly chosen as a full service partner and custodian by One River Asset Management. Brett Tejpaul, Head of Institutional Sales, Trading, Custody and Prime Services, notes… Read More

December 29, 2020 @ 8:04 am By Omar Faridi  |  

San Francisco based crypto exchange Coinbase announced on December 29, 2020, that it will be suspending XRP trading beginning on January 19, 2021. The leading digital asset exchange confirmed that “in light of the US Securities and Exchange Commission’s (SEC) recent action against Ripple Labs,… Read More

December 23, 2020 @ 8:17 pm By Omar Faridi  |  

Digital asset exchange OKCoin recently took a look back at its initiative to support independent Bitcoin Core developers. The crypto trading platform’s developers confirmed that it has now been about a year since they introduced their Open-Source Developer Grant program, an initiative launched to support… Read More

December 22, 2020 @ 8:24 pm By Omar Faridi  |  

On December 19, 2020, the Financial Crimes Enforcement Network (FinCEN) published a 72-page notice of proposed or suggested rulemaking, titled “Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets,” which could impose new and “onerous” reporting and recordkeeping requirements for virtual currency transactions,… Read More

December 19, 2020 @ 12:32 pm By Omar Faridi  |  

US-based digital asset exchange Kraken has announced that The Graph (GRT) trading is now available on its platform. The Kraken team confirmed that while they’re pleased to announce that The Graph (GRT) trading is being supported on their exchange, it’s currently not available in the… Read More

December 17, 2020 @ 5:40 pm By JD Alois  |  

In a sign of growing integration within the traditional fiat currency ecosystem, Coinbase Commerce has added crypto invoicing to its stack of services for businesses. Coinbase Commerce is a separate platform from the trading sites where merchants anywhere in the world may accept cryptocurrency as… Read More

December 17, 2020 @ 3:25 pm By JD Alois  |  

Coinbase, the leading cryptocurrency exchange in the US, has filed an S-1 registration statement with the Securities and Exchange Commission (SEC) indicating its intent to pursue an initial public offering (IPO). The news was posted on the Coinbase website stating the filing, which would include… Read More

December 16, 2020 @ 10:01 pm By Omar Faridi  |  

Digital asset exchange Coinbase has announced that it has added Aave (AAVE), Bancor (BNT) and Synthetix Network Token (SNX). All three cryptocurrencies are available for trading on the US-based trading platform. The Coinbase team noted that beginning today (December 16, 2020), the exchange will support… Read More

December 8, 2020 @ 6:20 pm By Omar Faridi  |  

San Francisco-based crypto-asset exchange Coinbase will begin supporting Filecoin (FIL) on Coinbase Pro, the trading platform for professional or experienced traders. The Coinbase team stated in a blog post: “Starting … Monday December 7, [2020,] transfer FIL into your Coinbase Pro account ahead of trading…. Read More

December 4, 2020 @ 11:54 am By Omar Faridi  |  

US-based digital asset exchange Coinbase has revealed that it’s focused on building “state-of-the-art” machine learning (ML) technology with “efficient” execution for the crypto and blockchain-focused economy. Catalin Tiseanu, an engineer working at Coinbase, writes in a blog post that the digital assets firm leverages machine… Read More

December 1, 2020 @ 7:42 am By Omar Faridi  |  

San Francisco-based crypto exchange Coinbase has announced that with the launch of Ethereum 2.0 (a major system-wide update to Ethereum, the world’s second-largest cryptocurrency network), they’re planning to introduce staking rewards for customers. Staking allows users to deposit digital assets on a platform or exchange… Read More

November 28, 2020 @ 12:51 pm By Omar Faridi  |  

Brian Armstrong, Co-founder and CEO at Coinbase, the leading US-based digital asset exchange, notes that this past week, the company heard rumors that the U.S. Treasury and Secretary Mnuchin had been planning to “rush out” some new regulations for self-hosted cryptocurrency wallets  – which would… Read More

November 25, 2020 @ 4:56 pm By Omar Faridi  |  

Paul Grewal, Chief Legal Officer at crypto exchange Coinbase, has confirmed that they’ve disabled margin trading on the platform. Grewal says that the move has come as a response to new guidance provided by the US Commodity Futures Trading Commission (CFTC). Grewal noted in a… Read More