Search
Report: SEC Asked Coinbase to Delist All Crypto Assets Except Bitcoin Prior to Filing Lawsuit
31.7.2023
According to Brian Armstrong, the CEO of crypto exchange Coinbase, the U.S. securities regulator reportedly told his company to delist all digital assets save for bitcoin. Armstrong said acceding to the SEC’s demand would have “meant the end of the crypto industry in the U.S.”...
Binance US Market Share Shrinks Amid Legal Battle With SEC
22.6.2023
The market share of the U.S. subsidiary of Binance has declined amid an ongoing crackdown by America’s securities regulator. According to new data, leading U.S. crypto exchange Coinbase, also sued by the Securities and Exchange Commission (SEC), is taking a hit, too. Binance US Market Share Drops...
Lawmaker Calls SEC Enforcement Actions Against Crypto Exchanges ‘Complete Contempt for Congress’
9.6.2023
Several lawmakers have slammed the U.S. Securities and Exchange Commission (SEC) for regulating the crypto industry by enforcement. One lawmaker says the regulator’s latest action against crypto exchange Coinbase “demonstrates a complete contempt for Congress which is in the process of developing...
Binance Experiences Market Share Decline Post Regulatory Clampdown
2.6.2023
Binance has seen its market share shrink by 25% over the last three months amid increased regulatory pressure from the US.
The world's largest cryptocurrency exchange accounted for 57.5% of the average monthly volume of all crypto trades in February, but its market share has now dropped to...
Crypto Exchange Coinbase Launches TV Campaign in Washington DC
22.5.2023
Cryptocurrency exchange Coinbase is honing in on Washington DC with a new TV campaign set to launch this week promoting the future of crypto amid its own fight with US regulators.
In a black and white and almost two-minute long video, CEO Brian Armstrong lays out the benefits of crypto and calls...
Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making
7.5.2023
A lawyer has explained why the U.S. Securities and Exchange Commission (SEC) will likely lose if the regulator takes crypto exchange Coinbase to court over alleged securities law violations. “The problem is entirely of Gary Gensler’s own making,” he stressed. Lawyer Expects SEC to Lose Against...
Former SEC Enforcement Chief: Coinbase’s Arguments ‘a Surefire Loser’ and Possibly Criminal
5.5.2023
According to John Reed Stark, crypto exchange Coinbase’s assertions that its business activities were endorsed by the U.S. Securities and Exchange Commission (SEC) when it approved its initial public offering are “a surefire loser.” According to Stark, the SEC’s approval...
Crypto Exchange Coinbase Faces Legal Action Over Biometric Data Collection
4.5.2023
The Nasdaq-listed cryptocurrency exchange Coinbase has been accused of “wrongfully” profiting from its users’ facial and fingerprint scans. “Coinbase collects, stores, possesses, otherwise obtains, uses, and disseminates its users’ biometric data to, amongst other things, further enhance...
Crypto Exchange Coinbase Sues the SEC, Demands Court Compel Response to Rulemaking Petition – Here's the Latest
25.4.2023
Coinbase has asked a court to compel the Securities and Exchange Commission to respond to its July 2022 petition that asked for clearer crypto regulation guidelines.
On Monday, the company filed a lawsuit with a federal appellate court in Philadelphia, arguing that the SEC hasn’t been reasonable...
Crypto Exchange Coinbase Receives License to Operate in Bermuda
20.4.2023
Coinbase (COIN) has obtained a license to offer its services in Bermuda as part of its international expansion efforts, the firm announced in a blog post on Wednesday
Coinbase Tries AI Assistant Chatgpt for Pre-Listing Risk Assessment of Tokens
23.3.2023
Crypto exchange Coinbase has tested Openai’s Chatgpt as a token verification tool comparing it with its standard security procedure. In over half of the cases, the AI platform produced the same results as the manual review, but it also failed to recognize some high-risk assets. Chatgpt Approves...
Crypto Exchange Coinbase Shares Tumble 16% After SEC Enforcement Notice
23.3.2023
The SEC issued Coinbase a Wells notice on Wednesday, which informs businesses that it is planning future enforcement action against them
SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations
23.3.2023
The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto...
Crypto Exchange Coinbase Suspends Algorand Staking Rewards
22.3.2023
Coinbase did not give a specific reason for terminating the rewards
Crypto Exchange Coinbase Suspends Algorand Staking Rewards
22.3.2023
Coinbase did not give a specific reason for terminating the rewards
Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base
24.2.2023
The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively decentralize over time....
US Judge Dismisses Customer Lawsuit Against Crypto Exchange Coinbase
3.2.2023
A U.S. district judge has dismissed a lawsuit against Coinbase and its CEO Brian Armstrong filed by customers of the crypto exchange. The lawsuit alleges that Coinbase sold 79 crypto tokens that are unregistered securities. Customer Lawsuit Against Coinbase Dismissed A proposed class action lawsuit...
Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal
27.1.2023
The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines...
Cryptocurrency Exchange Gemini to Lay Off 10% of Workforce – Here’s What Happened
24.1.2023
New York-based cryptocurrency exchange Gemini is letting go of 10% of its workforce amid the ongoing bear market that has seen around $2 trillion wiped out of the crypto market.
This marks the third round of layoffs at the crypto exchange in the past eight months, the Information reported on...
Jefferies Initiates Coverage of Crypto Exchange Coinbase With ‘Hold’ Rating
9.1.2023
The exchange has staying power due to its healthy balance sheet, a proactive approach to regulatory compliance, sensible risk management and legitimacy as a public company, the report said