Coinbase users in the European Economic Area (EEA) are voicing frustration as the exchange announces the end of its USD Coin (USDC) yield program. The move comes in response to the European Union's Markets in Crypto-Assets (MiCA) regulations, which restrict offering interest on stablecoins. In a notification sent on November ...
Coinbase CEO Brian Armstrong has described President-elect Donald Trump's new Department of Government Efficiency (DOGE) as a once-in-a-lifetime opportunity that could help boost economic freedom in the United States. In a November 17 post on X, Armstrong highlighted the new agency's potential to streamline government operations and reduce inefficiency. He ...
Coinbase has introduced the Coinbase 50 Index (COIN50), a regulated cryptocurrency benchmark that offers investors globally a transparent and reliable means of gaining exposure to the growing crypto market. According to the U.S.-based exchange, the index allows traders to monitor the broader cryptocurrency market's performance and benchmark their returns. It ...
South Korean crypto exchange Korbit has partnered with Coinbase to expand local users’ access to the latter’s Layer 2 blockchain, Base. As reported by Business Korea on November 8, the partnership will allow Korbit users to make direct deposits and withdrawals via the Base Chain network, enabling flexible asset transfers ...
Coinbase CEO Brian Armstrong has described the just concluded U.S. election as a significant win for the crypto community. In a post on X, Armstrong celebrated several positive election outcomes, starting with the victory of pro-crypto Republican Bernie Moreno in Ohio, who defeated Senator Sherrod Brown, an outspoken critic of ...
Paul Grewal, Coinbase’s Chief Legal Officer, has urged the U.S. Securities and Exchange Commission (SEC) to rethink its approach to the crypto industry, advocating for regulatory frameworks that prioritize innovation rather than litigation. His comments come amidst speculation of significant changes following Donald Trump’s re-election and his campaign pledge to ...
Ripple CEO Brad Garlinghouse and the crypto community are celebrating a major win in the 2024 U.S. presidential election as pro-crypto candidates secured key victories, including the re-election of Donald Trump. Garlinghouse expressed his excitement via an X post on November 5, congratulating Bernie Moreno, Ritchie Torres, Kirsten Gillibrand, and ...
Coinbase is strengthening its commitment to Singapore by establishing a new engineering hub designed to support local developers and broaden its reach across the Asia-Pacific region. In a blog post on November 6, the U.S.-based crypto trading platform announced that the new Singapore hub will focus on advancing blockchain development ...
Coinbase users in the U.S. and Europe can now fund their accounts instantly using eligible Visa debit cards, thanks to a new partnership with Visa announced on October 29. This integration leverages the “Visa Direct” feature and enables Coinbase customers to make real-time deposits into their trading accounts. Additionally, Visa ...
Coinbase CEO Brian Armstrong has called on the next chair of the U.S. Securities and Exchange Commission (SEC) to apologize to the cryptocurrency sector for what he views as unfavourable treatment under current chair Gary Gensler. In a post on X, Armstrong criticized ongoing legal actions against digital asset exchanges, ...
