Tag Archives: coinbase

While enforcement actions have been a focus for the US SEC in the crypto industry lately, some crypto exchanges are now making efforts to expand into other territories. The United States Securities and Exchange Commission (SEC) has taken a step backward by withdrawing from its decision to classify digital assets. The regulator achieved this by removing the first official definition of “digital asset” from its most recent household hedge withdrawal regulations. Notably, the SEC first...

The reason behind the exchange’s decision is not clear. According to those familiar with the matter, closing the service is not linked to the scrutiny from SEC which has alleged that Coinbase was offering and trading unregistered securities, thereby violating federal securities laws.  Crypto exchange Coinbase Inc (NASDAQ: COIN) has announced its decision to stop issuing loans through its Coinbase Borrow service where Bitcoin (BTC) has been serving as collateral. Starting from May 10,...

Coinbase hat am gestrigen Dienstag die Bitcoin-Derivatebörse eröffnet. Und eines kann man sagen, wenn Coinbase mal ein Projekt anfasst, dann geht es schnell: Die nötige Lizenz dazu hat Coinbase erst vor knapp einem Monat erhalten, Reuters berichtete. Coinbase wird for allem Futures anbieten, also Produkte, die in anderen Ländern schwierig einzuführen sind. Was aber noch viel interessanter ist, nun folgt mit Coinbase eine der grösste Bitcoin-Börsen der Strategie: Möglichst viele juristische...

The Coinbase International Exchange will provide institutional clients outside of the US with BTC and ETH contracts and up to 5x in leverage. Crypto exchange Coinbase has launched an international exchange to offer its teeming institutional clients an expanded portfolio of crypto services. According to the company, the new Coinbase International Exchange lists contracts for Bitcoin (BTC) and Ether (ETH) perpetual futures. In an official announcement, Coinbase said it received a...

The company has promised its customers that it will be expanding its derivatives offering with additional perpetual contracts, dated futures, and options in the coming weeks. One of the top traded centralized crypto exchanges, Gemini Trust Company LLC, has announced the launch of its non-United States entity to serve markets outside the European market and the United Kingdom. According to the announcement, Gemini Foundation will begin to offer individual and institutional investors a...

The leading cryptocurrency exchange Coinbase announced the launch of a Bermuda-based marketplace that will serve non-US institutional users, according to a recent report.  The company has been eyeing other countries to relocate recently due to the regulatory hurdles in America. CEO Brian Armstrong held discussions with the authorities of Britain in April, suggesting that the UK could also become an expansion target for Coinbase. Disappointed in the US  Coinbase – the only...

Coinbase just can’t seem to catch a break. Not long ago, the company was the subject of a lawsuit that’s now being examined by the U.S. Supreme Court, and the trading platform is also the receiver of a Wells notice sent by the Securities and Exchange Commission (SEC), proving once again that the agency has just become a complete bully to all digital currency firms. Will the SEC Go After Coinbase? To be clear, Coinbase has not been charged with anything at the time of...

A crypto-centered lawsuit with popular digital currency exchange Coinbase as the defendant is heading to the Supreme Court. This marks the first time such a high-ranking court in the U.S. has ever considered such a case. The Supreme Court Is Examining a Coinbase Suit The plaintiff is a man who was, at one point, a customer of Coinbase. It’s alleged the man gave a scammer (who was pretending to be a representative of PayPal) remote access to his Coinbase account. This...

Brian Armstrong, the chief executive officer of American crypto exchange Coinbase, and the company’s chief legal officer, Paul Grewal, have responded to a Wells Notice issued by the U.S. Securities and Exchange Commission (SEC) weeks ago in preparation for enforcement action. In a recent YouTube video, the Coinbase executives insisted that the SEC’s notice was unnecessary. The U.S. government has yet to develop clear rules for the crypto industry, and the exchange’s...

Analysts at H.C. Wainwright have said that the crypto winter of 2022 ceases to have any bearing on related stocks.  H.C. Wainwright believes that the crypto winter is over and has called for a buy on Coinbase (NASDAQ: COIN) stock. According to the New York-based investment bank, Coinbase stands to benefit from global digital asset economy growth sooner rather than later. H.C. Wainwright released a statement on Wednesday that underscored its bullishness on the prices of crypto assets. The...