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Crypto Morning Briefing: Coinbase Launches Grassroots Campaign To Influence US Lawmakers and Regulators

Elon Musk Drops BasedAI Hint; Former FTX Director Pleads Guilty to Fraud—SEC, CFTC File Civil Charges; Yuga Labs Launches Twelvefold Collection; Binance Listing Triggers Over 100% Surge in Liquity token
Crypto Morning Briefing: Coinbase Launches Grassroots Campaign To Influence US Lawmakers and Regulators

Coinbase Spent $3.4M on Lobbying in 2022, While FTX Spent $720K

Coinbase spent $3.4 million on lobbying activities in 2022, ranking second, while Binance US and FTX US ranked ninth and 13th, respectively, according to a recent report by Money Mongers.

Coinbase Launches Grassroots Campaign To Influence US Lawmakers and Regulators

Coinbase is taking the crypto gospel on the road with plans to make inroads all across the United States.

Cointime News Wrapup-Afternoon Version: Coinbase Exchange to Delist Binance USD, Says Stablecoin ‘no Longer Met our Listing Standards’

Coinbase, the world’s second largest cryptocurrency exchange by trading volume, said Monday it is suspending trade in the Binance USD (BUSD) as of March 13.
Cointime News Wrapup-Afternoon Version: Coinbase Exchange to Delist Binance USD, Says Stablecoin ‘no Longer Met our Listing Standards’

Coinbase Exchange to Delist Binance USD, Says Stablecoin ‘no Longer Met our Listing Standards’

Coinbase, the world’s second-largest cryptocurrency exchange by trading volume, said Monday it is suspending trade in the Binance USD (BUSD) as of March 13. The move comes after the U.S. regulator said earlier this month that it was investigating the stablecoin as a possible unregistered security. Coinbase manages token listings through its Digital Asset Listings Group, a committee reviewing assets that excludes its chief executive officer Brian Armstrong and board members, according to its website. (forkast)

Crypto Morning Briefing: Coinbase To Halt Trading of Binance’s BUSD for Not Meeting Listing Standards

Binance Moved $1.8B in Stablecoin Collateral to Hedge Funds Last Year; Huawei To Launch Metaverse and Web3 Alliance for East Asia; Tron Founder Justin Sun Becomes Top Holder Of Staked Ethereum Amid Shanghai Upgrade; DeFi Giant MakerDAO Rejects $100M Loan to Cogent Bank
Crypto Morning Briefing: Coinbase To Halt Trading of Binance’s BUSD for Not Meeting Listing Standards

Optimism DEX Velodrome Generates Record Weekly Fees Following Coinbase Announcement

Velodrome, the largest trading and liquidity marketplace on layer two scaling solution Optimism, recorded its highest all-time weekly fees of more than $101,460 starting on Feb. 23.

Coinbase Trade Volume Surpasses Uniswap’s, Countering Expectations for a DEX Surge

Cryptocurrency exchange Coinbase’s trading volume has surpassed the popular decentralized exchange platform Uniswap’s this year, according to a report from crypto data firm Kaiko.

Voyager Digital Sells Crypto Assets on Coinbase, but Here’s the Catch

According to on-chain analyst Lookonchain, bankrupt crypto brokerage firm Voyager Digital has been selling its crypto assets via leading exchange Coinbase since 14 February. 

Coinbase To Halt Trading of Binance’s BUSD for Not Meeting Listing Standards

Coinbase will suspend trading of Binance USD (BUSD) on March 13 at around noon EST.