Oregon Attorney General Dan Rayfield has filed a securities enforcement action against Coinbase Global Inc. (NASDAQ: COIN). Coinbase, one of the leading cryptocurrency exchanges in the United States, has long argued that crypto assets are digital commodities, not securities. That perspective has tended to harmonize with recent efforts at the
Coinbase’s Layer 2 network Base inadvertentlyunintentionally sparked a cryptocurrency trading frenzy yesterday. Its social media post automatically converted into a tradable token through Zora’s on-chain social protocol. The “Base is for Everyone” token, launched from Base’s official X account, made headlines by skyrocketing to a remarkable $13 million in valuation.
Coinbase urged Australian voters to prioritize crypto reforms in the upcoming federal election set for May 3, 2025. John O’Loghlen, Coinbase’s APAC Managing Director, expressed concern over Australia’s unclear crypto regulations. Despite high crypto adoption, Australia lacks a defined policy environment, which drives talent and funds to more welcoming markets.
Ark Invest, led by their fund manager Cathie Wood, continued its strategic push into Coinbase (COIN), acquiring $4.8 million worth of shares on Tuesday. Ark invested in 31,730 shares of Coinbase ahead of U.S. President Donald Trump’s tariffs becoming effective at midnight on Wednehaven’tsday through three of their exchange-traded funds
Cathie Wood’s ARK Invest has acquired Coinbase (COIN) shares worth $13.4 million across three of its ETFs. The move comes amid a broad market sell-off triggered by President Trump’s new tariff policies. Despite the turmoil, ARK doubled down on its long-term crypto strategy. According to ARK’s daily trade report for
Coinbase Institutional has lodged a petition with the U.S. Commodity Futures Trading Commission (CFTC) for the launch of XRP futures. This contract offers a regulated and capital-efficient avenue for exposing traders to XRP. The contract’s launch is on April 21, 2025, pending regulatory review. The XRP futures contract will trade
Coinbase CEO Brian Armstrong is calling on U.S. lawmakers to favor stablecoin legislation that allows holders to earn interest. He claimed that onchain interest would benefit consumers, enhance financial inclusion, and bolster the U.S. economy. In a post on March 31, Armstrong explained that stablecoins are already functioning as digital
UK officials have frozen nearly $7.7 million (£6 million) worth of illicit crypto assets in one year. The crackdown follows new powers granted to law enforcement in April 2024. These powers allow the National Crime Agency (NCA) and police to freeze, seize, and destroy crypto linked to crime. The biggest
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.
