Tagged: coinbase

Crypto Adoption: Coinbase Launches Business Operations in Canada

Coinbase (NASDAQ:COIN) has announced its official entry into the Canadian market, “backed by the integration of Interac payment rails, with banking and payment partners, enabling seamless fund transfers, and the introduction of Coinbase One – a 30-day trial offering zero trading fees, enhanced staking rewards,… Read More

Crypto Council for Innovation Files Amicus Brief in Support of Coinbase and SEC Action

The Securities and Exchange Commission (SEC) revealed an enforcement action against Coinbase (NASDAQ:COIN) back in June. Among other allegations, the SEC claims that Coinbase is operating as an unregistered securities exchange. The SEC targeted Coinbase even though it had clearly approved the firm to become… Read More

Securities Litigation Attorney Comments on Bittrex Settlement: Don’t Expect Same Treatment for Binance

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

This week the Securities and Exchange Commission (SEC) announced a settlement in its enforcement action against Bittrex as well as a foreign affiliate. Bittrex agreed to a total penalty of $24 million. As part of the settlement, Bittrex neither admitted nor denied the SEC’s allegations,… Read More

SEC to Appeal Ripple-XRP Decision: If the appeals Court Adopts the decision it could “put a big hole” in its case against Coinbase

As the crypto-sphere knows, last month Ripple/XRP received a partial victory against the Securities and Exchange Commission (SEC) in a court decision that determined that people who bought XRP could not reasonably expect Ripple to act to increase the price of XRP and the sales… Read More

Decentralized Finance: Chainlink Price Feeds Live on Base to Unlock DeFi Ecosystem Growth

Chainlink Price Feeds are live on Base—a fast and “highly scalable” layer-2 blockchain incubated by Coinbase and secured by Ethereum. With this integration, developers building on Base can “have access to industry-standard Chainlink Data Feeds and other web3 services.” The native integration of Chainlink Price… Read More

Blockchain Adoption: deBridge Integrates Base to Bring High-Performance Cross-Chain Trading, Interoperability between Networks

Coinbase, one of the largest and most established cryptocurrency exchanges in the US and other jurisdictions, is stepping into the Layer 2 market with the launch of Base. As a key blockchain industry move, deBridge has integrated Base “to bring high performance cross-chain trading and… Read More

Coinbase Requests Judge to End US SEC Lawsuit Against Firm for Violating Federal Securities Laws

Coinbase Global (NASDAQ:COIN) on Friday (August 4, 2023) reportedly requested a judge to end the US Securities and Exchange Commission’s (SEC) ongoing lawsuit that’s accusing the world’s biggest publicly-listed crypto exchange of violating applicable federal securities laws. As mentioned in a filing in federal court… Read More

Before Coinbase Lawsuit, SEC Reportedly Requested the Crypto Exchange to Only Support Bitcoin (BTC) Trading

The US Securities and Exchange Commission (SEC) had reportedly requested Coinbase (NASDAQ:COIN) to halt trading in all virtual currencies with the exception of Bitcoin (BTC) prior to filing a lawsuit against the crypto exchange in June of this year, the Financial Times revealed on Monday… Read More

Alto, a Self-Directed IRA Custodian Enabling Investments in Alternative Assets, Partners with Coinbase

Alto, a self-directed IRA custodian and platform that enables individuals to invest in alternative assets using their retirement funds, announced its new partnership with crypto exchange Coinbase (NASDAQ:COIN). All Coinbase One members that open an Alto CryptoIRA account “will enjoy a 1% match (up to $100)… Read More

Coinbase CEO Brian Armstrong Expected to Meet with House Democrat Members – Report

Coinbase (NASDAQ:COIN) CEO Brian Armstrong is expected to meet with Democrat House members to discuss regulatory issues and the ongoing battle with the Securities and Exchange Commission (SEC), according to a report. Reuters says that Armstrong will speak with members of the New Democrat Coalition… Read More

Coinbase to Limit Digital Asset Staking Service for Retail Clients in Certain US States

On June 6, 2023, the US Securities and Exchange Commission (SEC) filed a lawsuit against Coinbase (NASDAQ:COIN) primarily about a small number of assets listed on their platform, but also their retail staking services. The same day, state securities agencies in ten states – Alabama,… Read More

Paul Grewal, Chief Legal Officer at Coinbase, Comments on Latest SEC Developments

Paul Grewal, the Chief Legal Officer at digital asset firm Coinbase (NASDAQ:COIN), recently noted that after Coinbase gave notice of it intent to move to throw out their case agiast the US Securities and Exchange Commission (SEC), they had reportedly “consented to a few extra… Read More

Coinbase Surges After Cboe Mentioned Crypto Exchange in its Latest Bitcoin ETF Application

Coinbase (NASDAQ:COIN) stock surged significantly after the Cboe named the cryptocurrency exchange in its recent Bitcoin ETF application. Shares of Coinbase, the largest US-based digital asset exchange, surged 13% yesterday after the exchange operator Cboe stated that it would be working with Coinbase in order… Read More

Over Half the Fortune 100 Are Developing Blockchain Initiatives to Stay Competitive, Research Claims

More than half—52%—of the Fortune 100 have “pursued crypto, blockchain or web3 initiatives since the start of 2020, according to recent research results shared by Coinbase (NASDAQ:COIN). As mentioned in a blog post, about 60% of Fortune 100 initiatives “reported since the start of 2022… Read More

Chainalysis Integrates Coinbase Commerce to Allow Clients to Pay with Digital Assets

The team at Chainalysis are pleased to announce that they’ve integrated Coinbase Commerce so that their customers can conveniently settle their invoices using a wide range of digital assets. By offering this new payment option, they are “supporting the evolving needs of our customers, particularly… Read More

eToro Adjusts Crypto Offerings for US Customers Following SEC Enforcement Action Targeting “Crypto Asset Securities”

The Securities and Exchange Commission’s pursuit of digital assets or crypto assets deemed to be securities is ripping through the crypto marketplace. In the recent enforcement action filed by the SEC against Coinbase  (NASDAQ:COIN), the Commission highlighted multiple digital assets it believes are securities and… Read More

Senator Lummis Slams SEC’s Enforcement Action Against Coinbase

Senator Cynthia Lummis, one of the most crypto-supportive members of the US Senate, has issued a statement regarding the Securities and Exchange Commission’s (SEC) decision to file an enforcement action against Coinbase (NASDAQ:COIN) – a company the SEC approved to go public. Lummis said the… Read More

Competitive Enterprise Institute Comments on SEC Charges Against Coinbase: An Unprecedented Affront Against All Types of Businesses

The Competitive Enterprise Institute (CEI), Director of Finance Policy, John Berlau, has shared a comment on the Securities and Exchange Commission’s enforcement action targeting Coinbase (NASDAQ:COIN). Earlier today, the SEC filed charges against Coinbase, alleging that the crypto platform is operating as an unregistered securities… Read More

Round 2: SEC Charges Coinbase for Operating as an Unregistered Securities Exchange, Shares Plunge

Following the revelation of charges filed against Binance and its founder, the Securities and Exchange Commission (SEC) has filed similar charges against Coinbase (NASDAQ:COIN) – the US’s only publicly traded crypto exchange. The charges against Coinbase include operating an unregistered securities exchange, acting a broker,… Read More

Coinbase Shares Sink as Binance is Target of Regulators

Shares in Coinbase (NASDAQ:COIN), the only publicly traded pure-play crypto exchange and digital asset ecosystem, sank over 9% today as the news filtered out that the Securities and Exchange Commission (SEC) had filed 13 individual charges against Binance, Binance.US and its founder Chengpang Zhao. As… Read More

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