Tag Archives: coinbase

CoinspeakerEco Launches Cash-Like Crypto Wallet Beam Backed by a16z and Coinbase The Beam wallet has been designed atop Ethereum Layer-2 blockchains such as Coinbase's Base and Optimism for facilitating faster crypto transactions at low cost. Eco Launches Cash-Like Crypto Wallet Beam Backed by a16z and Coinbase

The rapidly changing digital asset landscape has resulted in a flexing of regulatory muscles between different watchdogs in defining terms and drawing lines of authority. This is especially true in the case of the United States where the SEC and CFTC are engaged in a turf war over regulatory oversight of the space. But this conflict could come to an end soon with the help of FIT21. Weeks after the historic verdict on the Ripple vs. SEC case, the US is waiting for the approval...

CoinspeakerUK Judge Asks Craig Wright to Pay Over Half-Million Dollars in Case against Coinbase, Kraken The UK Judge said that Craig Wright won't be able to pay the legal costs while mentioning his previous inconsistent statements about his financial position.  UK Judge Asks Craig Wright to Pay Over Half-Million Dollars in Case against Coinbase, Kraken

Do the present lawsuits against Binance and Coinbase raise any red flags? A law professor at Rutgers University named Yuliya Guseva believes they do, and she thinks it’s highly unlikely nations like the U.S. will be able to dole out proper regulation before financial agencies do irreparable damage. Yuliya Guseva on the State of Crypto in America In a recent interview, Guseva said: The future of crypto-asset regulation in the U.S. is not fully predictable. Right...

CoinspeakerBank of America Highlights Uncertainty in Ripple vs SEC Ruling The recent court ruling in the Ripple Labs and SEC case has prompted Bank of America to reiterate its differentiation between the trading of blockchain-native crypto tokens and tokenized traditional assets.  Bank of America Highlights Uncertainty in Ripple vs SEC Ruling

Ark Investment Management founder and CEO Cathie Wood – a longtime bitcoin bull – has thrown herself into the Coinbase mess involving the Securities and Exchange Commission (SEC) and is defending the exchange. She also believes bitcoin could jump into $600K territory within the next seven years. Cathie Wood on Where Bitcoin Will Go Wood mentioned she thinks the SEC is going about the situation all wrong. All the agency wants to do is persecute when the rules are...

Merely hours after the Securities and Exchange Commission (SEC) filed lawsuits against both Binance and Coinbase – two of the biggest and most popular digital currency trading platforms in the world – the agency’s head Gary Gensler made comments that the entire crypto industry is “built on non-compliance” and that the U.S. doesn’t “need more digital currency.” The SEC Is Mixed Up With that latter comment, it truly becomes clear what Gensler is all about… Getting...

Cathie Wood’s ARK Invest revealed some interesting details on its portfolio in the second quarter of 2023. The latest report suggested that Grayscale Bitcoin Trust (GBTC) stood out as one of the top-performing assets within the investment firm’s portfolio. However, when it comes to asset allocation, GBTC trailed behind Coinbase at ARKW. GBTC Tops Chart Grayscale Bitcoin Trust (GBTC) played a crucial role as one of the top five contributors driving ARKW’s impressive growth of...

Just yesterday, it was announced that popular digital currency trading platform Coinbase was being sued by the SEC. The news came as a shock to many, and it’s clearly another step in the agency’s agenda to rid the country of crypto for good. Coinbase Gets Its Way Against the SEC The good news is that Coinbase doesn’t appear to be taking the abuse sitting down, and it recently got a legal win in its corner. Not long ago, the exchange made headlines when it filed...

The Securities and Exchange Commission (SEC) is a bully. This is what we’ve been saying for some time. It’s bullying crypto firms into submission whenever it can. It runs after them with an air of persecution and is working hard to ensure they don’t have a financial future in America. The SEC Is Suing So Many Companies However, upon news that the agency is going after big names like Binance and Coinbase, it’s likely the problem travels much deeper. It’s easy to...