Cointime

Download App
iOS & Android

Coinbase

ALL From Coinbase

SEC Chairman Casts Doubt on Coinbase's Role in Bitcoin Spot ETF Approval Process

The approval of a Bitcoin spot ETF in the US is facing a new obstacle as SEC Chairman Gary Gensler has raised doubts about Coinbase's surveillance sharing agreement (SSA) and its role in the approval process.

Coinbase and SEC to Face off in Pre-motion Hearing

Legal sources have told Cointelegraph that the pre-motion hearing between the SEC and Coinbase, originally scheduled for August but now set for July 13, will provide insight into the tone and potential impact of the litigation on the wider crypto industry.

Coinbase and SEC to Meet in Court for First Time in Lawsuit Alleging Unregistered Securities

Coinbase and the SEC will have their first court meeting this week regarding the SEC's lawsuit against the crypto exchange. The hearing will provide insight into how the judge is approaching the case and what issues may be prominent. The case could last for years if the parties do not settle. The SEC alleges that Coinbase was operating as a broker, exchange, and clearinghouse for unregistered securities, while Coinbase argues that there is not enough regulatory clarity for crypto industry participants to know if they are violating federal securities laws.

Coinbase allow Helium live Trading on July 13th

Coinbase will add support for Helium (HNT) on the Solana network (SPL token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on Coinbase in the regions where trading is supported.

Cboe and Coinbase Reach Agreement on Surveillance Sharing for Proposed Bitcoin ETFs

Cboe has submitted amendments for five proposed spot bitcoin ETFs, stating that they have reached an agreement with Coinbase to enter into surveillance sharing agreements. The exchange had previously expected to enter into the agreement. The amendments were made for 19b-4 filings for various bitcoin trusts, including the Wise Origin Bitcoin Trust and the VanEck Bitcoin Trust. Despite more firms, including BlackRock and Fidelity, listing Coinbase as a surveillance sharing partner, the U.S. Securities and Exchange Commission has not yet approved a spot bitcoin ETF due to concerns of fraud and market manipulation.

Venture Capital Firm a16z Transfers 6,432 MKR Worth $5.9M to Coinbase

Venture capital firm a16z has transferred 6,432 MKR, worth approximately $5.9 million, to Coinbase through the address 0xd520, according to recent reports. In 2019, a16z received 60,000 MKR, likely as part of an investment allocation, and then sold 27,840 MKR in 2021 at an average price of around $2,750 through Genesis Trading OTC and Coinbase.

Coinbase CEO Brian Armstrong Deletes Most of His Tweets Amid Regulatory Scrutiny

The CEO of Coinbase, Brian Armstrong, has deleted most of his older tweets, which has caused speculation within the crypto community. The WayBackMachine, a digital archive of the World Wide Web, has also eliminated its archive of Armstrong's tweets. Some have linked this action to the ongoing regulatory scrutiny that Coinbase has been facing.

Spot Trading Pairs Decline Across Exchanges, Including Binance, Coinbase, and Kraken

The number of spot trading pairs across major cryptocurrency exchanges has declined over the course of the year, according to data compiled by The Block Research.

23,791 ETH Worth $44.4M Transferred From Unknown Wallet to Coinbase

Whale Alert has reported a transfer of 23,791 ETH worth $44.4 million from an unknown wallet to Coinbase today. Further details can be found in the transaction link provided. This significant transfer has caught the attention of the market.

Coinbase's Pre-motion Conference has been scheduled for July 13

The SEC has accused Coinbase of knowingly operating in violation of federal securities laws, citing the company's own warnings to shareholders about the possibility of assets traded on its platform being classified as securities. The regulator claims that Coinbase is deliberately ignoring established legal precedent in an attempt to create its own definition of an investment contract. Coinbase had previously filed a notice of intent to file a motion for judgment, citing comments made by SEC Chair Gary Gensler and the regulator's delayed response to the exchange's activities. A pre-motion conference on the case is scheduled for July 13.