U.S. Supreme Court Orders Coinbase To Stay Court Actions As Company Seeks To Transfer Customer Litigation to Arbitration
June 23 (Cointime) -U.S. Supreme Court Orders Coinbase to Stay Court Actions as Company Seeks to Transfer Customer Litigation to Arbitration
Coinbase added VeChain ($VET) and VeThor ($VTHO) Assets to the Roadmap Today
June 23 (Cointime) -As part of an effort to increase transparency by providing as much information symmetry as possible, Coinbase will be using this blog post to communicate when we have made a decision to list an asset. Now，Coinbase added VeChain ($VET) and VeThor ($VTHO) Assets to the Roadmap Today.
Coinbase CEO Brian Armstrong Envisions Turning the Platform into a Decentralized Superapp
June 23 (Cointime) - Coinbase CEO Brian Armstrong believes that the digital asset ecosystem has the potential to grow beyond just trading and speculation. During a fireside chat at Coinbase's State of Crypto Summit, Armstrong noted that there are many more use cases for crypto than people realize. He envisions turning Coinbase into a "superapp" that includes decentralized protocols for social messaging, merchants accepting NFTs, and simple interfaces for DeFi. Despite negative rhetoric, Armstrong sees traditional financial players like BlackRock and Fidelity supporting the industry and believes that crypto is moving forward with a bit of a rally.
Over 80% of Fortune 500 Companies Exploring or Deploying Web3 Initiatives Despite US Regulatory Pressure
June 22 (Cointime) - A new study by Coinbase has found that despite increasing regulatory pressure in the US, over 80% of Fortune 500 companies are either exploring or actively implementing Web3 initiatives.
Over 50% of Fortune 100 Companies Have Invested in Crypto or Blockchain Initiatives Since 2020: Coinbase Report
June 22 (Cointime) - A new report by Coinbase has found that over 50% of Fortune 100 companies have been investing in crypto or blockchain initiatives since the beginning of 2020. The report, titled The State of Crypto: Corporate Adoption, also revealed that 70% of Fortune 100 companies with crypto initiatives were in the publicly launched stage as of Q2 2023.
Ripple’s Release of SEC Emails Fails To Impress Legal Experts in Billion-Dollar Lawsuit
June 22 (Cointime) - Ripple has released emails that the SEC wanted to keep confidential, revealing former SEC Director William Hinman's preparation for a 2018 speech on cryptocurrencies. However, legal experts have expressed skepticism about the significance of the emails.
BlackRock's ETF Filing Sends Bitcoin Above $30,000, Other Investment Firms Follow Suit
June 22 (Cointime) - Bitcoin experienced a surge above $30,000 on Wednesday following BlackRock's filing of paperwork for a cryptocurrency exchange traded fund (ETF) with the U.S. Securities and Exchange Commission.
Coinbase Launches Legal Offensive Against SEC Months Before Lawsuit
June 21 (Cointime) - Coinbase, which is currently being sued by the SEC over the classification of XRP as a security, had already launched a legal offensive by filing amicus briefs in two other crypto-related lawsuits brought by the regulator.
US Court Retains Jurisdiction in Coinbase Crypto Regulations Case
June 21 (Cointime) - The US Court of Appeals for the Third Circuit has announced that it will continue to oversee the legal battle between Coinbase and the Securities and Exchange Commission (SEC) regarding crypto regulations.
Ripple CTO Reacts to Recent Ruling in Coinbase vs. SEC Lawsuit
June 21 (Cointime) - Ripple CTO David Schwartz has commented on the recent ruling in the Coinbase vs. SEC lawsuit, which saw Third Circuit Judge Cheryl Ann Krause order the SEC to update the court on their progress towards getting a staff recommendation by October 11, 2023.
