Coinbase’s Base network publishes ‘path to mainnet’ outlining roadmap
The testnet must perform the Bedrock upgrade and go through audits and stability tests before mainnet launch. Go to Source Powered by WPeMatico
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Coinbase continues effort to get mandamus for SEC response to rulemaking petition
The cryptocurrency exchange filed a petition for rulemaking with the SEC in July and was served a Wells notice for potential violations of securities law in March. Go to Source Powered by WPeMatico
Coinbase to roll out ‘Moving America Forward’ national campaign for crypto
The ads will emphasize the financial innovations facilitated via crypto and raise awareness for Coinbase events and lobbying efforts. Go to Source Powered by WPeMatico
Binance provider in Brazil gets payment institution approval
Binance’s partner Latam Gateway has been granted a license to operate as a payment institution and electronic money issuer in Brazil. Go to Source Powered by WPeMatico
Coinbase launches zero trading fee subscription service
Coinbase’s new subscription service, “Coinbase One,” is expected to roll out across 35 countries in the near future. Go to Source Powered by WPeMatico
Report: Biden Administration ‘Crypto Tsar’ Says DOJ will Target Digital Asset Exchange Platforms
According to Eun Young Choi, the head of the crypto unit at the U.S. Department of Justice (DOJ), the United States has resolved to target digital platforms because they are making it easy for criminals and money launderers. Choi said the DOJ hopes taking action against entities such as crypto exchanges is “going to have … Read more
SEC rebukes need for imminent crypto rulemaking, seeks denial of Coinbase petition
Coinbase’s chief legal officer Paul Grewal expressed his concerns over the SEC’s response, asserting that they will happily continue overseeing the sector via regulation as enforcement. Go to Source Powered by WPeMatico
SEC chair Gensler claps back at Coinbase, says crypto rules already exist
Speaking at the Financial Markets Conference, the SEC chair asserted that the rules for crypto are already in place and that the crypto sector has been largely non-compliant. Go to Source Powered by WPeMatico
SEC under fire for its custody rule: Law Decoded, May 8–15
Last week was harsh for the United States Securities Exchange Commission, with industry figures and officials publicly criticizing the regulator. Go to Source Powered by WPeMatico
Leaked Memo Suggests Democrats on US House Committee Were Told to Support Party Position on Crypto Regulation
Democratic Party members of the U.S. House Committee on Financial Services were handed a memo instructing them to back the party’s position on crypto regulation moments before the commencement of the hearings on May 10. According to the party’s leaked memo, Democrats on the committee were expected to point to the Republican Party’s lack of … Read more