Responding to the lawsuit filed by the SEC against Coinbase, CEO Brian Armstrong has stated that his firm is proud to represent the industry in court in pursuit of clarity surrounding rules for the crypto.
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Following the SEC's lawsuit against Coinbase for allegedly operating as an unregistered crypto exchange, the Alabama Securities Commission issued a show cause order to the exchange for violating securities law by offering its staking rewards program.
Paul Grewal, the Chief Legal Officer at Coinbase, is set to testify before the U.S. House Committee on Agriculture later today. Grewal plans to emphasize the need for crypto regulations and underscore the importance of the Digital Asset Market Structure discussion draft released by House Republicans last week.
CFTC-regulated Coinbase Derivatives Exchange will begin offering Bitcoin and Ether futures contracts to its institutional clients starting June 5, 2023.
Arrington Capital led Fahrenheit LLC, which counts Coinbase and US Bitcoin Corp among its backers, has emerged as the top bidder for Celsius' assets.
Coinbase has signed a licensing deal with Bitpanda to leverage the latter's infrastructure to cater to European banks looking to serve digital asset clients.
Coinbase has launched a national campaign to highlight the importance of pro-crypto policies to retain blockchain technology and innovation in the United States. The campaign involves TV ads featuring CEO Brian Armstrong.
Coinbase has launched Coinbase One for 29.99/month. Users of the new subscription service will enjoy zero-trading fees, 24/7 support team and higher staking rewards.