The National Pension Service (NPS) of South Korea, the third biggest pension fund in the world, has put $19.9 million into Coinbase. For a pension fund that oversees over $755 billion, this transaction represents a substantial venture into the crypto sector. With this purchase, NPS takes its first tentative steps
Coinbase, a prominent cryptocurrency exchange, has been blocked in the Republic of Kazakhstan, according to the Ministry of Culture and Information. According to a report in the country’s domestic media, this comes as the Kazakh government adopts a harsh regulatory posture against the cryptocurrency industry, citing the sector’s infringement of
The U.S Supreme Court has agreed to hear an appeal in a case between Coinbase and its customers, with the primary issue before the court being whether a judge or an arbitrator should determine whose contract controls disputes. Bloomberg claims that the parties’ competing contracts—one of which favors arbitration, and
Ongoing legal battles involving Ripple and Coinbase may provide crucial clarity on whether cryptocurrencies should be deemed securities under the Howey test, according to crypto lawyer John Deaton. The outcomes could have profound impacts on SEC regulation. Deaton argues that no case in the past 80 years has found a
Coinbase has informed its Indian customers that the deadline for withdrawing funds has been extended. Coinbase has decided to pull out of the nation due to regulatory pressure, prompting this action. The popular crypto exchange has banned new sign-ups and is urging customers to withdraw their assets before the deadline,
Coinbase International exchange has expanded its perpetual futures offerings to customers outside of the United States. This comes after the second quarter saw the platform’s notional volume reach over $5.5 billion. The vast majority of which came from institutional traders. According to a recent release, Coinbase International Exchange has been
In a recent statement on the social media platform X (formally known as Twitter), Brian Armstrong, the CEO of the renowned cryptocurrency exchange Coinbase, voiced his strong opposition to the regulation of artificial intelligence (AI). Armstrong’s perspective on AI regulation has stirred significant discussion within the tech and cryptocurrency communities.
Coinbase has announced that it has been approved by the Bank of Spain as a crypto exchange and custodial wallet provider. As part of its “Go Broad, Go Deep” plan for international development, this will aid Coinbase increase its retail customers, institutional clients, and developer collaborators in Spain during Phase
In recent developments, Coinbase, a prominent cryptocurrency exchange, has been at the center of speculation regarding the suspension of its services for Indian customers. However, the company has provided a much-needed clarification on the matter. The controversy began when American online newspaper TechCrunch published a report hours ago, suggesting that
Given the relative clarity of national crypto legislation, Coinbase has identified many nations outside the United States as potential future hubs for its business. On September 6th, Coinbase’s international VPs Nana Murugesan and Tom Duff Gordon wrote a blog post identifying the European Union (EU), United Kingdom (UK), Canada, Brazil,
