Coinbase, a prominent crypto exchange headquartered in the United States, has debunked allegations that it was instructed by the Nigerian government to prevent its citizens from using its crypto trading services. The denial came directly from Coinbase’s CEO, Brian Armstrong, who addressed the issue through a post on X. Armstrong clarified that Coinbase’s services are […]
Coinbase, the largest cryptocurrency exchange in the United States, has donated $3.6 million to Brink, a non-profit organization aimed at supporting the Bitcoin developer community. Brink To Funnel Donations Toward Bitcoin Core Developers On Friday, February 16, Brink shared – via a post on X – this significant monetary contribution by Coinbase. The non-profit organization […]
In an odd turn of events, San Fransisco-based crypto exchange, Coinbase has proposed a joint cybersecurity effort with the United States Securities and Exchange Commission (SEC) following an account breach. Coinbase To Assist SEC With Cybersecurity On Tuesday, January 9, the cryptocurrency market was shaken up by an unexpected post from the official X (formerly […]
In a striking display of financial muscle, cryptocurrency companies, such as Ripple and Coinbase, and investors have collectively contributed $78 million to super Political Action Committees (PACs) focused on shaping the 2024 US elections. This substantial sum underscores the crypto industry’s intensified efforts to sway political tides favoring digital asset-friendly policies. Ripple And Others Rally […]
In the last few weeks, the Binance exchange has had to weather a storm, settling with the US Department of Justice (DOJ), alongside other US regulatory agencies, to pay a $4.3 billion fine for breaching US laws on money laundering and sanction violations. In addition, the exchange saw its CEO and one of the crypto’s […]
In a surprising twist of events, crypto exchange Bybit appears to be under the regulatory spotlight of the CFTC. The US government agency has sent a subpoena to Coinbase, demanding information on user accounts connected to Bybit. CFTC Targets Bybit Following its regulatory crackdown on Coinbase, the Commodity Futures Trading Commission (CFTC), appears to have […]
The legal battle between Coinbase and the Securities and Exchange Commission (SEC) took a significant turn as the SEC made a recommendation related to Coinbase’s rulemaking appeal, a crucial component of their mandamus action. Coinbase’s Chief Legal Officer, Paul Grewal, revealed that the SEC communicated with the Third Circuit regarding Coinbase’s rulemaking petition, shedding light […]
Per a report from Fortune, crypto exchange Coinbase was exploring the acquisition of FTX Europe until very recently. The company aims to expand its foothold over the European market and increase its trading volume by offering crypto derivatives to more clients. Coinbase Pounders Acquisition As Spot Crypto Trading Volume Crashes The report claims that Coinbase […]