Coinbase Responds to SEC's Ignoring of Petition for Crypto Regulations Clarity
Coinbase, the largest crypto exchange in the US, has responded to the Securities and Exchange Commission (SEC) after the regulator refused to provide clarity on crypto regulations. The exchange had filed a petition in July 2022 asking for overdue guidance for the crypto industry, which was ignored by the SEC. In the latest court filing, Coinbase suggested that regulation by enforcement was the root of the problem, not the solution. The firm has asked the court to issue a writ of mandamus instructing the SEC to respond to the rulemaking petition within seven days or provide an explanation for the delay.
Coinbase Cloud’s ‘Wallet as a Service’ Hits Ethereum Mainnet
Coinbase has launched a new version of its cloud product, called "Coinbase Wallet as a Service," which uses multi-party computation (MPC) and is now live on the Ethereum mainnet. The Web3 wallet solution allows end-users to explore without managing complicated recovery phrases, instead using just a username and password. The product enables various Web3 interactions through APIs and SDKs, including Coinbase's Pay SDK for purchasing digital assets and an API for integrating crypto-based payments. MPC solutions typically split the private key behind a wallet into several shards that can be split between multiple owners for safekeeping of their underlying digital assets.
Coinbase Accuses SEC of Speaking Out of Both Sides of Its Mouth in Ongoing Lawsuit Over Digital Asset Regulation
Coinbase has responded to the U.S. Securities and Exchange Commission's lawsuit against the company by accusing the regulator of being wrong and speaking out of both sides of its mouth. The lawsuit centers around which digital assets should be considered securities and subject to SEC trading rules.
PEPE Growth Surpasses Dogecoin in Memecoin War, Expectations High for Coinbase Listing
PEPE, a frog-themed memecoin, has surpassed Dogecoin in key performance metrics, thanks to its listing on several cryptocurrency exchanges and high community expectations for a Coinbase listing. Despite a recent dip of 60% from its all-time high, PEPE has recovered by more than 8% in the last 24 hours and has seen a surge of over 6,000% in the last 30 days.
Coinbase Files Writ of Mandamus Against SEC Over Lack of Regulatory Clarity for Cryptocurrency Businesses in the US
Coinbase, the leading cryptocurrency exchange, has taken legal action against the US Securities and Exchange Commission (SEC) by filing a writ of mandamus. The writ of mandamus is a legal petition that compels a government agency to fulfill its statutory obligations.
Berenberg: MicroStrategy Shares Give Investors Better Crypto Exposure than Coinbase
Investment bank Berenberg has suggested that investors looking for exposure to cryptocurrencies may be better off buying shares in MicroStrategy rather than Coinbase. The bank's report highlighted the correlation between the two companies, with MicroStrategy's direct acquisition of bitcoins offering a more favourable business model than Coinbase.
Coinbase Launches TV Advertising Campaign to Increase Visibility and Promote Crypto Adoption
Coinbase, a leading cryptocurrency exchange, has launched a new TV advertising campaign to increase its visibility and attract a wider audience. The company aims to use traditional media to raise awareness about cryptocurrencies and drive interest in its platform. By presenting cryptocurrencies in a mainstream media format, Coinbase hopes to foster a positive narrative around digital assets and alleviate concerns related to their perceived risks. The TV ads will likely focus on highlighting user-friendly platforms, security measures, and the variety of digital assets available for trading and investment. Coinbase's decision to embrace television as a promotional medium highlights the industry's growing recognition of the need to target a wider demographic and educate the general public about cryptocurrencies.
Coinbase Launches TV Ad Campaign to Change Cryptocurrency Narrative in Washington DC
US-based cryptocurrency exchange Coinbase is launching a television advertising campaign in Washington DC to change the narrative around cryptocurrencies. The aim of the campaign is to showcase how digital assets can help update the financial system and create more economic freedom.
Coinbase Launches Nationwide Campaign in the U.S. to Lobby for Pro-Crypto Policies and Educate the Public on the Importance of Cryptocurrency
Coinbase, the American crypto giant, has launched a nationwide campaign called "Crypto: America Moving Forward" to highlight the importance of cryptocurrency as a technology that will modernize the global financial system.
Former Coinbase CTO Predicts Bitcoin To Be a Point of Contention in 2024 US Presidential Election
Former Coinbase CTO and well-known investor Balaji Srinivasan has made a bold prediction about Bitcoin, suggesting that the 2024 US election could be the first "Bitcoin election." This comes as the crypto market experiences a correction phase due to uncertainty surrounding the US Fed's rate hike and President Biden's recent comments about protecting crypto traders in a debt deal.
