Vermont’s Department of Financial Regulation has withdrawn its legal challenge against Coinbase, marking another victory for the crypto exchange amid shifting regulatory tides in the United States. The decision, announced on March 13, follows the U.S. Securities and Exchange Commission’s (SEC) dismissal of its case against Coinbase on February 28. ...
Coinbase is strengthening its ties with government agencies amid the rapidly changing cryptocurrency regulatory landscape. The company now collaborates with 145 U.S. government agencies and 29 international ones. According to a March 13 post on X by CEO Brian Armstrong, the launch of the U.S. Strategic Bitcoin Reserve has sparked ...
Brian Armstrong, CEO of Coinbase, has suggested that the majority of G20 nations will likely be inclined to follow the U.S.'s lead and establish their own digital asset reserves. Armstrong stated this while commending the Donald Trump administration in a post on X for creating the digital asset reserve. He ...
CryptoQuant CEO Ki Young Ju has highlighted the growing influence of Coinbase whales on Bitcoin's price movements, emphasizing that U.S. investors largely drive the current bull market. In a February 26 post on X, Ju noted that Coinbase's share of total Bitcoin spot trading volume had exceeded 30% in the ...
Coinbase is facing fresh legal trouble as a shareholder has filed a lawsuit accusing the company of misleading investors about bankruptcy risks and engaging in undisclosed trading practices. The lawsuit, filed on February 18 in a New Jersey federal court by plaintiff Wenduo Guo, claims Coinbase failed to properly disclose ...
Coinbase shares jumped 8.44% on Thursday, February 13, closing at $298.11 after the company reported its strongest quarterly revenue in three years. Coinbase Stock Perfromance. Source: Google Finance The cryptocurrency exchange posted $2.3 billion in revenue for Q4 2024, a 138% increase from the previous year, surpassing analysts' expectations of ...
Coinbase is reportedly working on re-entering the Indian market over a year after ceasing operations. According to a report from TechCrunch, the U.S. headquartered crypto exchange has initiated discussions with Indian authorities, including the Financial Intelligence Unit (FIU), to secure necessary approvals to resume operations. Coinbase halted new user registrations ...
A U.S. judge has ruled that Coinbase must face a class action lawsuit brought by some of its customers in New York over illegally selling unregistered securities. According to a Reuters report, on February 7, U.S. District Judge Paul Engelmayer dismissed Coinbase's argument that it does not qualify as a ...
This week, Paul Grewal, Coinbase’s Chief Legal Officer, will testify before the U.S. Congress. The hearing will focus on allegations that federal regulators pressured banks to cut ties with cryptocurrency firms. I’m testifying at the @FinancialCmte’s oversight hearing looking into the past clandestine and undemocratic campaign to cut off crypto ...
Coinbase has registered with the U.K.'s Financial Conduct Authority (FCA), allowing its U.K. arm, CB Payments Ltd., to offer cryptocurrency services directly. The firm is listed under a specific reference number on the FCA's register. Previously, Coinbase operated in the U.K. through CB Payments Ltd., which was not authorized to ...
