Crypto industry lobbying expenses rose by 120% in 2022 in the US
Coinbase remains a leader for lobbying expenditure for the sixth year in a row, but Binance.US is accelerating its efforts. Go to Source Powered by WPeMatico
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Americans ‘frustrated’ by financial system inequality, 20% own crypto: Survey
Crypto ownership among U.S. adults has remained steady over the last 12 months, with a large portion seemingly “frustrated” by the one-sided global financial system. Go to Source Powered by WPeMatico
Coinbase to Suspend Trading of BUSD Amid Regulatory Crackdown
Cryptocurrency exchange Coinbase announced it will suspend trading and delist the Paxos-managed stablecoin asset BUSD. The decision follows Paxos’ revelation that the New York State Department of Financial Services directed the firm to stop issuing the U.S. dollar-pegged token BUSD. Coinbase to Suspend BUSD Stablecoin on March 13 On Feb. 27, 2023, Coinbase announced that … Read more
Anti-CBDC bill in the US, no algo stablecoins for Canada: Law Decoded, Feb. 20–27
United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central bank digital currency. Go to Source Powered by WPeMatico
Coinbase announces suspension of BUSD trading beginning March 13
The San Francisco-based cryptocurrency exchange referred to its “listing standards” in a tweet. Go to Source Powered by WPeMatico
Coinbase hit with proposed trademark lawsuit over Nano derivative products
NanoLabs has filed a trademark infringement lawsuit against crypto exchange Coinbase for its Nano Bitcoin futures contract and Nano Ether futures contract. Go to Source Powered by WPeMatico
Voyager is selling crypto assets through Coinbase, suggests on-chain data
Since Feb. 14, Voyager has sent crypto assets to Coinbase on an almost daily basis, alleges on-chain analyst Lookonchain. Go to Source Powered by WPeMatico
Crypto Biz: Coinbase has a lot at stake
Coinbase says its staking product offerings are different than Kraken’s, which came under SEC scrutiny and resulted in a $30 million fine. Go to Source Powered by WPeMatico
Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base
The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively decentralize over time. Coinbase L2 Scaling Platform Aims to Help Scale the Crypto Economy … Read more
Coinbase launches its own Ethereum Layer 2 network for building decentralized apps
The network, known as Base, is designed to be a low-cost, secure, and developer-friendly environment that Coinbase said will serve as a bridge to bring users into the crypto economy. Go to Source Powered by WPeMatico