Coinbase has filed a motion seeking to dismiss the lawsuit brought against it by the U.S. Securities Exchange Commission (SEC). In a court filing submitted on August 4, 2023, the exchange accused the U.S. SEC of overstepping its jurisdiction. In June 2023, the SEC filed charges against the American crypto exchange ...
Coinbase's CEO, Brian Armstrong, has hinted that the American crypto exchange is actively working towards integrating the Bitcoin Layer 2 solution, the Lightning Network, into its platform. Armstrong revealed this during a series of Twitter exchanges between him and Jack Dorsey, the CEO of Block and former CEO of Twitter. ...
Coinbase is currently facing legal action from the United States Securities and Exchange Commission (SEC) over its failure to register as a broker. However, before the SEC took legal action, the regulatory body instructed Coinbase to remove all cryptocurrencies from its platform, with the exception of Bitcoin. Brian Armstrong, the ...
Faryar Shirzad, Coinbase's Chief Policy Officer, has made a compelling case for Australia to expedite the implementation of detailed cryptocurrency regulations in order to keep pace with the rapidly evolving global market. Appreciated the chance to participate in this inquiry on behalf of @coinbase. @ajamesbragg and his Senate colleagues, along ...
A consequential end (or pause) came to what could be described as arguably one of the most important legal cases in the history of cryptocurrency in the United States. Ripple secured a partial victory in its three-year-long legal battle with the US Securities Exchange Commission (SEC). This outcome felt like ...
Brian Armstrong, Coinbase CEO, is scheduled to meet with Democrats from the House of Representatives behind closed doors on Wednesday morning. This meeting comes as the cryptocurrency exchange is currently entangled in a legal dispute with the U.S. Securities and Exchange Commission (SEC). According to Bloomberg, the meeting will involve ...
Major cryptocurrency exchanges have resumed trading XRP on their platforms after Ripple Labs scored a partial victory in its lawsuit against the United States Securities and Exchange Commission (SEC). Crypto.com and Kraken led the way as both exchanges announced on July 13, 2023, during Asian trading hours, that XRP has ...
Cathie Wood's investment company, ARK Invest, has sold $12 million worth of Coinbase shares from the ARK Innovation ETF, one of the most important exchange-traded funds (ETFs). This is the second time in 2023 that ARK has sold part of its Coinbase shares. In March, the investment company sold about ...
Canadian cryptocurrency startup Hut 8 Mining has secured a $50 million credit line from US-based exchange Coinbase. Hut 8 announced this development on June 26, 2023, after it completed the credit agreement with Coinbase Credit, the lending division of Coinbase. Under the credit facility, Hut 8 Holdings, a subsidiary of ...
The U.S. Securities and Exchange Commission (SEC) has responded to the ongoing dispute with Coinbase following the order from the U.S. Court of Appeal for the Third Circuit. In a letter sent to the court on June 13, 2023, the securities regulator dismissed Coinbase's request for prompt action, deeming it ...
