Tagged: coinbase

Coinbase Asset Management, Apollo Partner to Implement Stablecoin Credit Strategies

Coinbase Asset Management (CBAM), the investment manager and wholly owned subsidiary of Coinbase Global, Inc. (NASDAQ:COIN) , is launching a partnership with Apollo (NYSE: APO), an alternative asset manager, to bring Coinbase stablecoin credit strategies to market. This initiative acts as a bridge for the stablecoin,… Read More

Coinbase Partners with Citi to Enable Global Payments

Coinbase  (NASDAQ:COIN) is announcing a collaboration with Citi (NYSE: C) that’s said to be focused on solving a pressing challenge: making it more seamless for Citi’s clients to leverage the potential of digital assets as well as stablecoins to facilitate the transmission of value. The… Read More

Onchain Capital Formation: Coinbase Acquires Echo

Coinbase (NASDAQ:COIN) has announced its acquisition of Echo, an onchain capital formation platform for approximately $375 million. Established by Cobie, a crypto investor and supporter of community-focused investing, Coinbase is now well positioned to challenge the established securities crowdfunding sector as digital assets go mainstream…. Read More

Coinbase Chief Legal Officer Says Crypto Industry Needs to Keep Innovating to Prevent Financial Crime

Coinbase (NASDAQ:COIN) is asking the US Treasury Department to update the existing anti-money-laundering rules, claiming that ongoing innovation instead of stricter enforcement measures is the answer to dealing with the rise of illicit finance in the nasent web3 and digital assets space. Coinbase Chief Legal… Read More

Coinbase Introduces Stablecoin USDC enabled Business Payments Tools

Coinbase (NASDAQ:COIN) recently announced that its Business services division has introduced global payouts and payment links, allowing businesses to send and receive stablecoin USDC with competitive fees, instant settlement, and global reach. These tools aim to simplify vendor payments, eliminate chargebacks, and offer seamless API… Read More

US Bitcoin Yield Fund Introduced By Coinbase Asset Management

Coinbase (NASDAQ:COIN) has noted that Bitcoin (BTC), the flagship cryptocurrency, is increasingly being recognized as a global monetary alternative to the US dollar and gold, solidifying its role as a store of value and reserve asset. As more investors choose to denominate their savings in… Read More

Mastercard and Coinbase Bidding to Acquire Stablecoin Startup BVNK

Mastercard (NYSE: MA) and Coinbase (NASDAQ:COIN) are both bidding in order to acquire stablecoin infrastructure provider BVNK in a deal that may be valued at around $2.5 billion, according to an update from Fortune. While citing various sources familiar with the matter, the outlet said… Read More

Jiko Confirms Coinbase, Blockstream Backing, Adds Partnerships

Jiko, a platform built on U.S. T-bills, this week announced strategic backing by Coinbase (NASDAQ: COIN) and Blockstream Capital Partners. Alongside this investment, Jiko is entering new strategic partnerships with Crypto.com, Blockstream Capital Partners, Bitso, and Coinbase. These strategic partners will join other institutions adopting… Read More

Senate Democrats Aim to Upend DeFi, Crypto Industry Pushes Back Against Changes that Undermine Digital Asset Innovation

The US House of Representatives approved digital asset market infrastructure, the CLARITY Act, last July. Since then, the legislation has been stalled in the Senate as members hash out potential changes to the language of the bill, with Republicans distributing their draft and, more recently,… Read More

Digital Assets Staking Now Offered via Coinbase to New York Residents

New York residents are now finally able to stake their crypto on digital assets exchange Coinbase (NASDAQ:COIN). Staking assets is described as a straightforward process sp that investors can put their crypto to work, securing blockchain networks and periodically receiving rewards in return. Thanks to Governor… Read More

Digital Assets : Samsung and Coinbase Aim to Bring Crypto to Galaxy Users

Coinbase (NASDAQ:COIN) claims to be focused on building the trusted bridge to the on-chain ecosystem. According to an update from the digital asset firm, this means making crypto easy to access — “anytime, anywhere, and for anyone.” Now, Samsung Galaxy users who are residing in… Read More

Coinbase Introduces P2P Payments, Claiming to Make Sending Crypto As Easy as a Text Message

Digital assets exchange Coinbase  (NASDAQ:COIN) announced it’s bringing more seamless, global peer-to-peer payments to its customers. Coinbase users will now be able to send stablecoin USDC instantly, anywhere in the world, without incurring any fees. According to the update from the crypto exchange, all users… Read More

Coinbase Seeks National Trust Company Charter from OCC to Expand Custody Division

Coinbase (NASDAQ:COIN) is taking a step forward in further expanding its business capabilities and regulatory oversight beyond the current framework, as part of an effort to pave the way for tech advancements and growth in building a financial system enabled by digital assets. By seeking… Read More

SEC Office of Inspector General Finds former Chair Gary Gensler’s Text Messages Were Lost Due to Avoidable Errors, Coinbase Not Exactly Convinced

Last month, the Securities and Exchange Commission (SEC), Office of the Inspector General (OIG), issued a memo stating there were “avoidable errors” that led to the loss of former SEC Chairman Gary Gensler’s texts. On January 17, 2024, the SEC Office of Information Technology (OIT) reported… Read More

Coinbase, Others, Challenge Banks on Stablecoin Rewards

Stablecoins can be viewed as a new form of payments. Transfers can be instantaneous, secure, and at a very low cost. As firms that offer stablecoins must hold reserves in safe assets, such as US Treasuries, these funds are generating interest. Yet, stablecoin issuers are… Read More

Digital Assets Exchange Coinbase and Cloudflare to Launch x402 Foundation

Coinbase (NASDAQ:COIN) and Cloudflare announced their intent to co-found the x402 Foundation. This so-called nonprofit initiative aims to propel x402—a payment protocol—into the universal standard for AI-driven, autonomous transactions. As artificial intelligence agents increasingly handle complex tasks, from data analysis to supply chain management, the… Read More

Coinbase CEO Brian Armstrong Predicts $1M Bitcoin (BTC) Price by 2030

Bitcoin (BTC) was introduced to the world back in late 2008 in a whitepaper released by Satoshi Nakamoto. Since its launch, the Bitcoin network has increasingly been used to send BTC payments across the globe. Coinbase (NASDAQ:COIN) CEO Brian Armstrong is now predicting that Bitcoin,… Read More

Coinbase to Help Strengthen US-UK Partnership, Enable Digital Assets Adoption

The United States and the United Kingdom have long shared an economic alliance, underpinned by a commitment to fostering tech breakthroughs, stability, and growth in global financial markets. In a recent development, Coinbase (NASDAQ:COIN) has announced its active support for deepening this transatlantic partnership. By… Read More

Stablecoin Adoption: Banking Sector’s Concerns Over Deposit Erosion Due to Stablecoins May Not Be Reasonable – Analysis

As the global financial sector evolves, stablecoins are emerging as a potentially disruptive force, challenging traditional banking systems and sparking debates about their impact. Recent discourse, fueled by posts on social media and detailed analyses from Coinbase, suggests that the banking industry’s alarm over “deposit… Read More

Coinbase Updates Onchain Incentives, Acquires Team to Support Onchain Consumer Roadmap

Digital assets exchange Coinbase (NASDAQ:COIN) announced several updates aimed at supporting its mission of enabling the so-called crypto-economy, which is a term that has been widely used by the company over the years. From bolstering its memberships to clarifying asset listing processes and acqui- hiring talent to… Read More

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