Coinbase is planning to expand its derivatives operations throughout the European Union by acquiring a MiFID-licensed corporation in Cyprus, as stated by the company. The goal of this undertaking is to substantially increase Coinbase’s market presence in 2024, subject to regulatory permission. In line with Coinbase’s long-term goal of diversifying
Some users have reported receiving an email stating that Coinbase has implemented a new requirement for customers in the UK. A risk acknowledgment form must now be filled out by them. This effort is in line with the Financial Conduct Authority’s (FCA) upcoming rules on financial advertising in the United
Coinbase has reportedly replaced the head of its custodial company while the U.S SEC decides whether to approve a spot Bitcoin ETF. Bloomberg reports that Aaron Schnarch, CEO of Coinbase Custody, has stepped down from his position. Rick Schonberg, who has been a senior fintech executive at Coinbase since 2021
Crypto firms are increasing their donations to U.S politicians at a time when the market for cryptocurrencies is being closely monitored by regulators in Washington. Some major participants are increasing their funding to help elect pro-crypto lawmakers and forward legislation that has stagnated in Congress. These include Circle, Coinbase, and
In a whirlwind turn of events, the solana based memecoin Bonk Coin has swiftly captivated the crypto town, experiencing an electrifying surge of 107% within a mere 24 hours, soaring to an all time high of $0.00003033. This meteoric ascent has sent shockwaves through the community, igniting discussions about its
Poste Italiane and Banca Generali’s cryptocurrency wallet Conio have partnered with Coinbase, the businesses said on Monday, to provide Italian financial institutions with access to a diverse array of digital assets. With over 400,000 users, Conio is teaming up with Coinbase Prime to expand wallet support for as many as
In an effort to expand its user base, cryptocurrency exchange Coinbase has introduced a new feature to its wallet that enables the transfer of cryptocurrency using a link that can be shared through many popular messaging applications and social media platforms. Coinbase said in a blog post on December 5
As the price of Coinbase (COIN) shares kept climbing amid a phenomenal rebound in the crypto market, Ark Invest, led by Cathie Wood, sold further shares. On the other hand, at the same time, Robinhood (HOOD) shares are still being purchased by Ark Invest’s several funds in anticipation of massive
On Wednesday, Cathie Wood’s ARK Invest made a second strategic move in the market, capitalizing on the crypto and fintech sectors. ARK sold 38,668 shares of Coinbase (COIN) from its Ark Fintech Innovation ETF (ARKF), amounting to $5 million. This decision followed the earlier sale of 43,956 COIN shares on
ARK Invest led by Cathie Wood is once again cashing in on its Coinbase shares as the stock price of the exchange increases. ARK’s transaction filing dated November 27th shows that the company sold 43,956 Coinbase shares from its ARK Fintech Innovation ETF. Based on statistics from MarketWatch, the transaction
