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, ...
Coinbase has escalated its push for regulatory clarity in the digital asset space by filing multiple Freedom of Information Act (FOIA) requests with the Federal Deposit Insurance Commission (FDIC). According to the court documents, the cryptocurrency exchange sought documents detailing any restrictions the FDIC has imposed on U.S. depository institutions' ...
John Deaton, a popular pro-XRP lawyer and Republican candidate from Massachusetts, continues to gain momentum in his campaign against Senator Elizabeth Warren. Brian Armstrong, co-founder and CEO of Coinbase, is the latest high-profile figure to voice his support for Deaton while strongly criticizing Senator Warren for her stance on the ...
Jesse Pollak, the team lead for Ethereum's Layer 2 blockchain Base, has taken on a new role within Coinbase's executive team. Alongside his continued leadership of the Base project, Pollak will now head Coinbase Wallet, reinforcing the company’s mission to broaden the accessibility of blockchain technology for a larger audience. ...
Coinbase has introduced a new product: "Coinbase Wrapped Bitcoin" (cbBTC), an ERC-20 token is fully backed by Bitcoin at a 1:1 ratio. The exchange claims that the new product is targeted at enhancing Bitcoin's utility within the DeFi ecosystem. "As the oldest and most widely held crypto asset, Bitcoin plays ...
Coinbase may be preparing to launch a new product, specifically a wrapped Bitcoin token. Two cryptic posts from the US-based cryptocurrency exchange's official X account containing the words "cbBTC," followed by a "coming soon," have prompted this speculation. Coming soon. — Coinbase 
(@coinbase) August 14, 2024 cbBTC. — Coinbase ...
Coinbase's U.K. subsidiary, C.B. Payments Limited (CBPL), has been fined £3.5 million by the Financial Conduct Authority (FCA) for “repeatedly breaching a requirement that prevented the firm from offering services to high-risk customers.” According to the FCA, despite a voluntary agreement with it to limit the onboarding of high-risk customers, ...
According to Coinbase CEO Brian Armstrong, cryptocurrency would usher in a future where the global financial system is more efficient, fair, and accessible. In an interview with the Wall Street Journal earlier this week, Armstrong shared his optimistic vision for the future of cryptocurrency, a future where a significant portion ...
In the past week, at least three Coinbase users have fallen victim to scammers impersonating Coinbase representatives, with one person reportedly losing over $1 million. On July 7, Tegan Kline, co-founder of Edge & Node, shared an incident involving a “good friend.” According to Kline, the scam began with a ...
