Tag Archives: coinbase

Coinbase’s vice presidents for international business and international policy are clearly dissatisfied with the regulatory situation in the United States. Coinbase is strategically expanding its cryptocurrency exchange services globally, with a particular emphasis on markets with clear regulatory frameworks. In its short-term expansion strategy, Coinbase is prioritizing countries outside the United States based on their well-defined cryptocurrency regulations. Notable countries in this...

The leading cryptocurrency exchange – Coinbase – has reportedly started offering crypto loans to US institutional investors.  The move could signal the company’s willingness to strengthen its position in America despite the regulatory uncertainty and the issues with local watchdogs. Recall that the US SEC filed a lawsuit against Coinbase in June, accusing the trading venue of breaching several rules and offering trading services with unregistered securities. Capitalizing on...

On the 29th of August, Jeremy Allaire – the CEO of Circle, the company that mints and holds governance over USDC – announced that the popular stablecoin would be coming to Base and Optimism within a week. The launch was part of Circle’s plan to improve the utility of USDC by bringing the stablecoin to more blockchains in a native token, eliminating the need for bridged Ethereum tokens. The decision came shortly after the announcement of a new super chain agreement with...

In addition to the failed Lend program, Coinbase has attempted other lending services in the past. Coinbase has announced that it is working on a crypto lending service for institutional clients in the United States. A September 1 filing with the US Securities and Exchange Commission (SEC) shows that the company has already raised $57 million to go towards the project. The service would help fill the hole left in the market after the implosion of major crypto lenders like Genesis and...

Coinbase has decided to increase the buyback cap to a substantial $180 million thereby leading to a notable surge in investor participation. On Tuesday, September 5, the world’s leading crypto exchange Coinbase announced that it is topping its debt buyback from $150 million previously, to now at $180 million. Thus, Coinbase is willing to buy back a larger number of its outstanding Notes than it unveiled previously. As per the announcement made on September 5, Coinbase has allocated $180...

Jesse Pollak – the protocols lead for popular digital currency exchange Coinbase – believes that everyone on Earth will be introduced to blockchain and crypto within the next seven years. Coinbase Rep Thinks Everyone Will Be On-Chain in Seven Years In an interview, Pollak recently stated: Our feeling is that there’s so much growth ahead of us. We have less than ten million people on-chain today. There’s going to be eight billion people on-chain over the next...

Brian Armstrong, the CEO of Coinbase, revealed a list of ten ideas that he’s most interested in and hopes that developers turn these ideas into reality amidst the bear market. Despite mounting regulator pressure on the home turf, Armstrong said Coinbase has its hands full with different projects and “doesn’t have time to tackle everything.” The exec stated that the lackluster prices are the optimal time for delving deep into building new projects. In the latest blog post,...

CoinspeakerCircle Launches USDC in Chile, Set to Launch Stablecoin on Base Network Soon By integrating the USDC for users in Chile, Circle will be hoping to offer them the stability of the U.S. dollar while also creating diverse payment options for them. Circle Launches USDC in Chile, Set to Launch Stablecoin on Base Network Soon

CoinspeakerNasdaq Composite Soars Over 1% as Tech Stocks Rebound At the core of the Nasdaq Composite’s resurgence was the undeniable role of bonds and economic data. Nasdaq Composite Soars Over 1% as Tech Stocks Rebound

Coinbase’s trading volume has seen a staggering plummet over the past year. That’s according to a BanklessTimes.com data analysis. The site reports that in Q2 of 2022, the exchange boasted a trading volume of $217 billion. But fast-forward to Q2 of 2023, and that figure has dwindled to $92 billion. That fall represents a 58% decline in the metric. And it has analysts and experts exploring the factors influencing the dramatic shift. BanklessTimes‘ crypto expert Alice Leetham has shared her...