Silvergate, Coinbase Extend Losses As Regulatory Specter Hangs Over Crypto
It's been a mixed bag today for crypto-related equities as U.S. regulators continued a clampdown that has hit both staking and stablecoins.
Coinbase CEO Invites DC Residents Over for Ice Cream and Crypto Talk
Brian Armstrong, the chief executive officer of United States-based cryptocurrency firm Coinbase, is looking for lawmakers and regulators to discuss regulatory clarity in the crypto space.
Cathie Wood’s Ark Invest Has Bought Almost $20M in Coinbase Stock Since January
Ark Invest, the investment house led by Cathie Wood, bought another 162,325 shares in crypto exchange Coinbase (COIN) last Friday, according to an investor email seen by Decrypt.
Coinbase Tweets Sharp Clarifications Towards SEC’s Claims
Coinbase clarifies all the assertions and questions that have so far been raised by the SEC on its staking services. Taking it for securities or any other similar service is based on the grounds that have been finally moved by Coinbase. Brian Armstrong and Paul Grewal took to Twitter to share the statement that sheds light on the controversy.
Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach
Coinbase, one of the leading U.S.-based cryptocurrency exchanges, has published a blog post differentiating its staking-as-a-service program from others in the market, and clarifying that, for the institution, this kind of service does not constitute a security offering.
Cathie Wood's ARK Buys Another $9.2M Coinbase
Cathie Wood is back to buying up shares of Coinbase (COIN), after a nearly month-long break, as ARK disclosed it had purchased 162,325 shares of COIN on Friday.
Coinbase CEO Says he Will “Happily Defend” Crypto Staking Service Against Claim it’s a Securities Product
Brian Armstrong, the chief executive officer of the Coinbase cryptocurrency exchange, said on Twitter Monday that the company will “happily defend” its staking services in court against claims that they need to be classified as securities. Coinbase, which trades on the Nasdaq, is the biggest crypto exchange in the U.S. Its shares last traded at US$57.09 on Friday, down 2.5%. Grewal said that staking is not a security under the U.S. Securities Act nor under the Howey test, the latter of which the U.S. Securities and Exchange Commission (SEC) uses to determine whether an investment contract is a security. (forkast)
Paul Grewal:Coinbase’s Staking Services Are Not Securities, and Here’s Why
Staking is not a security under the US Securities Act, nor under the Howey test.
Cathie Wood’s Ark Invest Fills Coinbase Bag Amid Fear-Driven Price Collapse
Ark Invest added a massive 139,105 Coinbase shares (worth $7,941,504.45) to its portfolio on Friday, alongside a substantial purchase of 263,504 Robinhood shares (worth $2,629,769.92).
Binance, Coinbase, Kraken, and eToro Confirm They Have No Super Bowl Ads
Four cryptocurrency exchanges and trading platforms confirmed that they have not placed a Super Bowl ad in statements to Crypto Slate this week.
