Ex-Coinbase execs to launch exchange using PayPal stablecoin for settlement
Founders who used to work at Coinbase, Circle and Goldman Sachs teamed up to create an exchange that will use PayPal USD as its main settlement currency. Go to Source
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Kraken denies SEC claims, argues digital assets aren’t securities: Law Decoded
Kraken rejects the SEC’s securities allegations, Brazil lifts the freeze on Starlink’s bank account, the UK clarifies crypto property rights, and Coinbase backs NFT’s legal defense. Go to Source
SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In
Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where the agency admitted creating confusion by labeling tokens as securities. He also pointed out the … Read more
Coinbase’s ‘Stand With Crypto’ creates NFT legal defense fund
Coinbase has emerged as a vocal advocate for the crypto industry in the face of ongoing regulatory crackdowns in the United States. Go to Source
Trump’s crypto platform launch, Uniswap denies charging for protocol deployment: Finance Redefined
Trump is launching the World Liberty Financial DeFi platform, Uniswap’s CEO denies charging for protocol deployment, and the Sonic blockchain hits 720ms finality. Go to Source
SEC ‘regrets any confusion’ from dubbing tokens as securities: filing
The retraction arose from the SEC’s lawsuit against Binance, but the agency is still pursuing claims against the crypto exchange for alleged securities law violations. Go to Source
Ethereum Faces Challenges as Price Stagnates: Coinbase Report
Ethereum (ETH) has recently struggled in comparison to its peers, according to a report by Coinbase Institutional. The analysis suggests that market dynamics, network activity, and inflationary factors are influencing the cryptocurrency’s current performance. Coinbase Institutional: Ethereum Lags Behind Crypto Peers In its September 2024 outlook, Coinbase researchers pointed out that the cryptocurrency market is … Read more
Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks
Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange, … Read more
Anchorage Digital Bank, Bitgo join Coinbase to custody 21Shares crypto ETFs
The move diversifies spot crypto ETF custodians beyond Coinbase, which has dominated crypto custody for US issuers. Go to Source
Hawaii emerging as crypto hub following new crypto regulations
The Aloha state’s new regulations already attracted some notable Web3 firms, including Coinbase, Metamask, Transak, BitPay and Trust Wallet. Go to Source