Coinbase
Recent News About Coinbase
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On February 11, the SEC and Binance jointly requested a 60-day pause in the SEC's lawsuit against Binance and its co-founder and former CEO, Changpeng Zhao (CZ), as reported by DL News.
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The U.S. Securities and Exchange Commission (SEC) staff has agreed in principle to dismiss its enforcement case against Coinbase, pending Commissioner approval.
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ZachXBT, a crypto investigator and influencer, has urged Coinbase to take swift action as users reportedly lose "tens of millions every month" to scams.
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Coinbase Chief Legal Officer Paul Grewal announced that the company has filed two new sets of Freedom of Information Act (FOIA) requests to gain clarity on regulatory agencies' approaches to digital assets. Grewal made this announcement in an October 21 post on X.
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Coinbase CEO Brian Armstrong announced that the Lightning Network, a layer-2 scaling solution for Bitcoin, is set to be integrated into the crypto exchange.
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As U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler claims cryptocurrency exchanges already have regulations to follow, Blockchain Association CEO Kristin Smith argues lawmakers' introduction of a regulatory proposal draft just one week before the SEC sued two leading crypto exchanges is evidence there is a lack of regulatory certainty.
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Crypto exchange company Coinbase has repeatedly asked the U.S. Securities and Exchange Commission (SEC) for regulatory clarity, but the requests have gone unanswered, and the SEC has now sent the company a "Wells notice" warning of possible enforcement action, said Paul Grewal, Coinbase chief legal counsel.
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Brian Armstrong, the CEO of crypto exchange Coinbase, said that although the U.S. Securities and Exchange Commission (SEC) has fined another crypto company for not registering its staking services as a security, he believes staking services are not securities, and he is willing to go to court if necessary to defend that claim.
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Brian Armstrong, co-founder and CEO of crypto trading platform Coinbase, said in a blog post on Tuesday that in response to both macroeconomic factors and the fallout from the collapse of FTX, the company will lay off about 950 employees.