The decision is another example of how the US is changing its stance on cryptocurrency Kentucky has officially dropped its case against Coinbase, making it the third state to do so in recent weeks. The state’s Department of Financial Institutions filed the motion to dismiss yesterday, following similar moves by Vermont and South Carolina. This
The move is the latest of several made as the agency rethinks its cryptocurrency approach The US Securities and Exchange Commission (SEC) has officially closed its investigation into Coinbase. The news marks a significant shift in the regulatory landscape for the cryptocurrency industry. The SEC’s investigation into https://t.co/pFc4Pz9nFR has been closed with no action being
Many reports are surfacing of fraudulent emails that trick users into creating new wallets Scammers are ramping up efforts to deceive cryptocurrency users by impersonating major exchanges like Coinbase and Gemini. Reports of fraudulent emails have surfaced, tricking users into setting up wallets with pre-generated recovery phrases that allow attackers to take full control of
The battle that began almost two years ago was dropped voluntarily The US Securities and Exchange Commission (SEC) has officially dropped its lawsuit against Coinbase, marking the end of a legal battle that began in June 2023. According to court filings from February 27, the SEC voluntarily dismissed all litigation against the cryptocurrency exchange and
The CFTC has issued a subpoena to the cryptocurrency company to obtain sensitive information Coinbase may be compelled to provide user data in connection with a Commodity Futures Trading Commission (CFTC) investigation into Polymarket, a blockchain-based prediction platform. The CFTC has reportedly issued a subpoena to Coinbase requesting general customer information linked to Polymarket. This
A change in European cryptocurrency oversight is forcing exchanges to take action Cryptocurrency exchanges in Europe are taking significant steps to comply with the upcoming enforcement of the Markets in Crypto-Assets Regulation (MiCA). As the regulatory framework nears full implementation on December 30, 2023, major platforms, including Coinbase Europe, Coinbase Germany, and Coinbase Custody International,
The move will make it even easier for crypto fans to use their funds Coinbase has announced the integration of Apple Pay into its Onramp app services, marking a significant step in simplifying cryptocurrency transactions for users. Starting yesterday, apps utilizing Coinbase’s Onramp services will allow users to log in and make payments directly via
The exchange doesn’t feel the Bitcoin offshoot is meeting its obligations Coinbase has announced it will halt trading of Wrapped Bitcoin (WBTC) on December 19, 2024, due to the token no longer meeting its listing standards. This decision affects all trading on Coinbase platforms, including Advanced Trade, Coinbase Exchange, and Coinbase Prime. Users will still
Visa debit card users in the US and EU can now buy crypto more easily Coinbase and Visa have teamed up to make cryptocurrency transactions more accessible, allowing users with eligible Visa debit cards to instantly deposit and withdraw funds on the Coinbase platform. This collaboration is designed for US and EU customers, enabling them
This is the first crypto-related sponsorship to appear after the FTX debacle Coinbase has announced a recent sponsorship of the NBA’s Golden State Warriors, marking a significant move as crypto sponsorships in sports rebound following the collapse of FTX. This new deal fills a notable void left after FTX’s partnership with the Warriors ended in
The firm is demanding answers about why the government is suppressing cryptocurrencies Coinbase has taken steps to push for more transparency regarding the US government’s stance on cryptocurrency. The company filed two Freedom of Information Act (FOIA) requests aimed at uncovering how regulators are managing digital assets, particularly in the banking sector. Paul Grewal, Coinbase’s
Jesse Pollak has been tapped by Coinbase to develop its wallet program Jesse Pollak, the creator of the Ethereum Layer 2 blockchain Base, has officially taken on a leadership role at Coinbase. Pollak will now oversee Coinbase Wallet while continuing to lead the Base team. This move is seen as a step toward improving the
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