The U.S. Treasury has dropped Tornado Cash from its sanctions list, claiming this makes an ongoing lawsuit against it irrelevant. However, Coinbase’s Chief Legal Officer, Paul Grewal, argues this move is a legal tactic to avoid a final court judgment—one that lacks any real assurance for the future. Grewal criticized
Institutional investors are expressing record, with 83% saying they plan to increase their holdings this year, a Coinbase and EY-Parthenon report indicates. The survey, published on the Coinbase blog, surveyed 352 institutional decision-makers. And highlights mainstream adoption of digital assets is increasing as regulatory clarity rises and use cases expand.
Coinbase Global Inc., one of the largest cryptocurrency exchanges has officially registered with India’s Financial Intelligence Unit (FIU), signalling its return to the Indian market. This initiative comes after a nearly two-year hiatus from operating in the country. With the FIU registration, the exchange will later in the year begin
Privacy is crucial in the present modern-day world, especially in emerging technologies like blockchain. Even though the blockchain technology is efficient, immutable, and secure, it still needs further improvements as it is in early stages of development. On a similar note, Coinbase acquired the Iron Fish team to improve privacy
Canary Capital, led by former Valkyrie Funds co-founder Steven McClurg has filed with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tracking Axelar’s AXL token. This move comes as interest in altcoin-based ETFs continues to rise. The investment firm submitted its S-1 registration on 5th
The crypto market witnessed a strong comeback in the late evening Asian hours followed by Trump’s new announcement. While Bitcoin price rose by around 10% within a few hours, Ethereum, XRP, Solana, and Cardano have also recorded two-digit surges. All credit goes to Trump’s new announcement on Truth Social regarding
The U.S. Securities and Exchange Commission has officially dismissed its lawsuit against the crypto exchange Coinbase, reflecting a significant shift in the agency’s approach to cryptocurrency regulation in the U.S. The SEC vs Coinbase case dismissal was filed on February 27, permanently ending the legal proceedings against Coinbase, the second-largest
Memecoins emerged to be a separate class of their own in the past few years. The incredible price surges in short spans combined with the popularity over the internet, they create buzz in the crypto market. However, most of them are short lived with no real-time use case or string
Coinbase CEO Brian Armstrong made a big prediction about the future of crypto space. He claims that it is a new era for crypto in the US and forecasted that 10% of global GDP will be crypto-based by 2030. In Coinbase’s February 13th Q4 2024 earnings call, Armstrong gave his
As the community and market together march towards a weekend slump, Coinbase stirred up a little activity. Amid regulatory updates every other day, the cryptocurrency exchange released its fourth-quarter reports in the last 24 hours. Meanwhile, Bitcoin continues to consolidate at $96,000 struggling to reclaim its $100K mark. Notably, the
