Tag: Coinbase
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The Rising Superstar Stock – Competition Amidst FTX’s Fall
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The world of cryptocurrencies and digital assets is a dynamic and ever-evolving space. In the midst of this transformation, Coinbase, a prominent player in the crypto exchange realm, has emerged as a potential avenue for investors to explore.
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Coinbase Stock: What’s Brewing?
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Coinbase CEO Brian Armstrong reportedly met with members of the U.S. Congress this wek, but little information about the meeting has been made public. According to a Bloomberg report, the meeting with congressional members focused on promoting innovative and forward-looking policies. Additionally, discussions might have revolved around the significance of…
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Crypto.com Performs Partial Shutdown In The USA!
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Amid an increasing regulatory crackdown, the United States is experiencing a significant exodus of cryptocurrency companies. Crypto.com recognized the challenging environment and shut down part of its U.S. operations.
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Hong Kong Welcomes Coinbase And Global Crypto Exchanges!
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Hong Kong’s new licensing system attracts interest from Coinbase and international crypto exchanges. Hong Kong’s prominent lawmaker, Johnny Ng, invites global virtual asset trading platforms to set up shop in the city in a significant development for the cryptocurrency industry.
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U.S. Chamber Of Commerce Backs Coinbase And Criticizes SEC!
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The U.S. Chamber of Commerce is backing crypto exchange Coinbase in its legal battle with the SEC, calling the agency’s actions illegal. The U.S. Chamber of Commerce filed an amicus brief on May 9 criticizing the U.S. Securities and Exchange Commission (SEC) in its case against crypto exchange Coinbase.
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SEC Increases Pressure On Crypto: Coinbase And Tron On Its Compliance Radar!
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The U.S. increased pressure on the crypto industry this week. Regulators sued Tron founder Justin Sun and several of his prominent supporters. Moreover, the warned crypto exchange Coinbase that it might take enforcement actions.
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US: Coinbase to Pay $100 Million to Settle Money-Laundering Investigation
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The largest U.S. crypto exchange Coinbase has accepted a multi-million dollar fine for allegedly being too lax in its anti-money laundering precautions in New York State. The company will pay a total of $100 million (€94 million) as part of a settlement, the New York financial regulator DFS announced yesterday.…
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Coinbase Holds $39 Billion Worth Of BTC!
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As major crypto exchanges are stepping up their efforts to assure customers and investors of their stability, Brian Armstrong, the CEO of Coinbase, has revealed that his company holds crypto reserves that include about 2 million BTC worth about $39.9 billion. “We hold ~2M BTC. ~$39.9B worth as of 9/30,”…
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Moving Forward Despite Crypto Winter – Coinbase Receives Regulatory Approval In Italy!
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In a recent blog post, Coinbase announced it secured approval from Italian regulators to provide ongoing crypto services to its residents. The new requirement implemented by the Organismo Agenti e Mediatori (OAM) mandated that all companies offering crypto trading, custody, or other services, meet set criteria. We’re proud to be…
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Crypto Winter Approaching With Massive Coinbase Layoffs!
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The crypto meltdown continues. Further waves of reckoning swept through the crypto industry, with Coinbase saying it would cut almost a fifth of its staff. The destruction in crypto markets has been broad and deep, with roughly $2 trillion of value having been erased across numerous cryptocurrencies since November 2021.