Coinbase

As investors rush to buy Bitcoin (BTC) ETFs, leading crypto exchange Coinbase recently saw 3,000 Bitcoin tokens being moved out of its reserves.  The movement comes at a time when the market is in celebratory mode after the spot ETFs were launched in the US. The regulatory challenges for ETFs delayed their launch by a few months, but they touched record highs within the first few hours of trading.   The crypto market also seems to be in good spirits due to an altcoin rally led by InQubeta (QUBE) and Arbitrium…

A federal judge in Washington, D.C., on Monday pressed lawyers for Binance, the world's largest cryptocurrency exchange, to defend its request that she dismiss a high-profile case brought against it by the U.S. Securities and Exchange Commission (SEC).Binance has asked federal Judge Amy Berman Jackson to toss out a lawsuit the SEC filed alleging Binance broke its rules and committed fraud. The lawsuit is one of Binance's last major legal challenges in the U.S.Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

A federal judge in Manhattan on Wednesday grilled Coinbase and the US securities regulator about their divergent views on whether and when digital assets are securities, in a case closely watched by the cryptocurrency industry.Coinbase argued against classifying cryptocurrencies as securities by saying that the digital coins are like Beanie Babies, more akin to collectibles than stakes in a company.“It’s the difference between buying Beanie Babies Inc and buying Beanie Babies,” said the Coinbase lawyer William…

The latest chapter in the fight for the future of crypto kicked off this week in a federal courthouse in lower Manhattan.On Wednesday, a federal judge in the Southern District of New York heard oral arguments in a courtroom battle between the popular crypto exchange Coinbase and the federal government over whether it’s operating as an illegal securities exchange.In June, the U.S. Securities and Exchange Commission (SEC) sued the popular crypto exchange Coinbase alleging a litany of misdeeds, foremost that it’s functioning…

CEO of cryptocurrency platform Coinbase Brian Armstrong attends a reception at Buckingham Palace, in central London, on November 27, 2023 to mark the conclusion of the Global Investment Summit (GIS). (Photo by Daniel LEAL / POOL / AFP) (Photo by DANIEL LEAL/POOL/AFP via Getty Images)Daniel Leal | Afp | Getty ImagesCoinbase, Crypto.com, Gemini and other cryptocurrency exchanges are warning users in the U.K. that they'll need to start filling out risk assessments and investment questionnaires aimed at testing their…

LONDON, ENGLAND - NOVEMBER 09: In this photo illustration, a flipped version of the Coinbase logo is reflected in a mobile phone screen on November 09, 2021 in London, England. The cryptocurrency exchange platform is to release its quarterly earnings today. (Photo illustration by Leon Neal/Getty Images)Leon Neal | Getty Images News | Getty ImagesCoinbase plans to offer crypto-linked derivatives in the European Union, and it's planning to acquire a company with a license to do so.The U.S. cryptocurrency exchange told CNBC…

Sam Bankman-Fried once faced 13 criminal charges relating to his massive fraud scheme at the crypto exchange FTX. However, he’ll only face consequences for the seven charges he was found guilty of in November. Sam Bankman-Fried Using a VPN, McDonald’s AI Drive Thru Fails, Buzzfeed AI Quizzes Suck | Editor PicksThe United States Department of Justice (DOJ) dropped a second trial against Sam Bankman-Fried relating to five additional charges, according to a letter from the department to Judge Lewis Kaplan on Friday.“The…

POLAND - 2023/08/01: In this photo illustration, a Coinbase logo displayed on a smartphone with stock server lights in the background. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via Getty Images)Sopa Images | Lightrocket | Getty ImagesCryptocurrency exchange Coinbase secured registration with the French markets regulator, a company spokesperson confirmed Thursday, paving the way for the firm to expand its services in another key European market.France's AMF watchdog gave Coinbase a virtual asset service…

Monitors display Coinbase signage during the company's initial public offering at the Nasdaq MarketSite in New York on April 14, 2021.Michael Nagle | Bloomberg | Getty ImagesFor crypto bulls, the most lucrative bets in 2023 were in the stock market.While bitcoin rallied over 150% for the year, shares of Coinbase, MicroStrategy and the Grayscale Bitcoin Trust, which are all tied closely to the digital currency, did substantially better, rising more than 300% in value. Bitcoin miner Marathon Digital soared 688%.Not only…

Cryptocurrency exchange Coinbase Global secured registration with the French markets regulator on Thursday, as it seeks to expand globally under its Go Deep, Go Broad strategy. France's AMF watchdog has given Coinbase virtual asset service provider (VASP) approval, a green light for the company to operate digital currency services. Registration will allow Coinbase to offer its full suite of retail, institutional and ecosystem products and services to users in the country. Elevate Your Tech Prowess with High-Value Skill…