Coinbase redeems $65M in convertible notes at 29% discount
The cryptocurrency exchange estimates it will only need $45.5 million in cash to redeem the instruments. Go to Source Powered by WPeMatico
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Requiring DEXes to register with SEC like other exchanges is ‘impossible’, says Coinbase CLO
“The SEC is attempting to front run Congressional action by baking unsupported assumptions about its crypto jurisdiction into the proposed rules,” said Paul Grewal. Go to Source Powered by WPeMatico
Bitcoin ‘far larger’ than Binance or Coinbase, says BTC proponent: BTC Prague
Troubled exchanges like Binance and Coinbase might not be the biggest trading venues for Bitcoin, Jan3 CEO hinted. Go to Source Powered by WPeMatico
SEC asks for more time to respond to Coinbase call for crypto clarity
The securities regulator said it would make a recommendation within 120 days on Coinbase’s rulemaking request, but says the action has “no merit.” Go to Source Powered by WPeMatico
SEC lawsuit sheds light on Coinbase’s management
In a recent interview with Cointelegraph, venture capitalist Kevin O’Leary criticized Coinbase’s strategy to address the current regulatory environment. Go to Source Powered by WPeMatico
Cardano’s worst week since May 2021 is over — Will ADA price rebound 40%?
The price of Cardano lost 30% over the past week as it gets delisted from popular trading platforms such as Robinhood following the U.S. SEC intervention. Go to Source Powered by WPeMatico
ALGO, FLOW rebound from all-time lows, others rebuff SEC securities label
The SEC’s tagging of cryptocurrencies as securities has greatly affected the crypto market causing Algorand and Flow to hit historic lows on June 10. Go to Source Powered by WPeMatico
Hong Kong legislator invites Coinbase to the region amid SEC scrutiny
Hong Kong fosters a favorable environment for industry growth amid its active regulation and dedication to becoming a digital hub. Go to Source Powered by WPeMatico
Latam crypto holders flock to Bitget following Binance, Coinbase suits
The number of Bitget users in Latin America increased by 43% from June 6 to June 9, along with a 134% increase in deposits. Go to Source Powered by WPeMatico
Bitcoin price avoids 3-month lows as crypto dive liquidates $390M
Bitcoin and altcoins feel the pressure of the week’s regulatory bombshells, with BTC price action steadying below the key 200-week moving average. Go to Source Powered by WPeMatico