Crypto Biz: Worldcoin expands, Saudi Aramco considers digital assets, and more
Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets. Go to Source
Coinbase
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SEC responds predictably to Coinbase’s 2022 crypto rulemaking petition: No
The existing laws are sufficient, and the agency is already doing what it considers necessary, according to chair Gensler. Go to Source
Coinbase introduces spot crypto trading for institutional investors outside US
Institutional clients on the Coinbase International Exchange will be able to trade Bitcoin and Ether against USD Coin starting on Dec. 14. Go to Source
Coinbase co-founder Fred Ehrsam sells $13 million COIN shares as ARK continues to divest
Major Coinbase shareholders have sold over $14 million of stocks over the past 48 hours. Go to Source
Kazakhstan blocked 980 non-licensed crypto exchanges in 2023
The Financial Monitoring Agency has also launched nine investigations into “illegal exchange operations” and money laundering. Go to Source
Bitcoin’s huge rally has nuked $6B in shorts this year: S3 Partners
Short sellers have lost more than $6 billion trying to bet against crypto stocks in 2023. Go to Source
Cathie Wood’s ARK dumps 237K Coinbase shares at $140 per stock
The latest Coinbase sale by ARK is one of its largest daily COIN sales in 2023, third only to two massive sales in July. Go to Source
Coinbase, Marathon stocks surge as Bitcoin lights ‘fire in the cauldron’
The anticipated Bitcoin halving and potential ETF approvals have lit “some serious fire in the cauldron” for crypto, said Zerocap investment chief Jon de Wet. Go to Source
Coinbase market share grows outside US trading hours amid Binance saga: Report
According to Kaiko Research, Bybit experienced a rise in market share around the clock, whereas Coinbase witnessed significant growth outside of the United States trading hours. Go to Source
Coinbase tracks 6% rise in info requests from law, government agencies
The requests are increasing in number and coming from more jurisdictions every year. Go to Source