Crypto exchange Coinbase initiated a solid move against the U.S. Securities and Exchange Commission (SEC). On Monday, the exchange sued SEC, urging the court to compel the regulator to respond to its rulemaking petition. Paul Grewal, Chief Legal Officer at Coinbase, tweeted: “The SEC is required by law to respond
Coinbase’s Layer 2 initiative seems to be progressing steadily toward a mainnet release. In February of 2023, developers released a testnet version of the Ethereum Layer 2 network. Base was released as a platform that simplifies integration between third-party applications and the Coinbase ecosystem. In their most recent post, the
Due to the SEC’s lack of regulatory clarity, the largest cryptocurrency exchange in the United States, Coinbase, is apparently looking to relocate its operations offshore. Coinbase, though, seems to be preparing for a protracted court struggle rather than a swift resolution. Met with the SEC today. We’ll continue pushing for
As a part of the ‘Crypto435‘ campaign conducted by Coinbase, a live Twitter Space discussion happened in Washington, DC – concerning cryptocurrency policies and national securities with the CEO of Coinbase, Brian Armstrong. The other people who joined in the spaces include Anja Manuel, Tomicah Tillemann, and Faryar Shirzad, during
The United States Securities and Exchange Commission (U.S. SEC) has claimed that the major crypto exchange, Coinbase is violating federal laws. In March 2023, SEC sent a Wells Notice against Coinbase with a dispute of enforcement actions ahead. Meanwhile, the head of Coinbase, Vishal Gupta resigned post the Wells Notice.
According to a recent Twitter post by a SHIB enthusiast on his official account, the Shiba Inu (SHIB) ecosystem is set to shake up the stablecoin market by introducing the Shibarium and yet-to-be-released SHI smart contract. #SHIBARMY there are just two things I'm looking for.#Shibarium , as well as the
Coinbase, a leading crypto exchange, is expanding its presence and is making potential progress toward that goal. Derivative exchanges of the largest US exchange are expected to open worldwide in the coming weeks. Following the exchange’s approach, “go broad and go deep”, the firm has collaborated with various countries internationally,
There seems to be a huge legal fight on the horizon between Coinbase Global, the largest cryptocurrency exchange in the United States, and the U.S. Securities and Exchange Commission (SEC) over the definition of digital cryptocurrencies. However, Coinbase CEO Brian Armstrong has warned that the company may relocate offshore if
On Friday, Coinbase, a cryptocurrency exchange, said that it had successfully distributed all of the Flare (FLR) tokens that had been promised. There were over 601 million FLR tokens released to those who qualified (those who had XRP). The price of Flare Tokens, however, has not changed much. Coinbase has
It was announced on April 11 after Nikhil Wahi had pleaded guilty in a Manhattan court, that Coinbase had been awarded about $470,000 in damages. A crypto trader in this instance followed the advice given to him by his brother. The latter was employed by Coinbase Global. U.S. District Judge
