SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations
The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto companies ‘come in and register.'” Coinbase CEO Brian Armstrong explained: “A Wells notice typically precedes an enforcement action.”
Crypto Morning Briefing: French Lawmakers Agree to Ban Crypto Influencer Promotions
Tron Founder Justin Sun Sued by U.S. SEC on Securities, Market Manipulation Charges; Unstoppable Domains to Roll Out Web3 Messaging Service on Polygon; Binance Announces Arbitrum (ARB) Perpetual Contract Launch
Coinbase Will Soon Support the ARB-USD Trading Pair
In advance of the Arbitrum airdrop, Coinbase tweeted that it will support trading for the governance token on March 23.
Former Coinbase CTO Urges ‘Get to Bitcoin’ Before CBDC Digital Lockdown
Former Coinbase CTO Balaji Srinivasan warned people to “GET TO BITCOIN BEFORE DIGITAL LOCKDOWN.”
Crypto Evening Briefing: Even As Funding Dips, Top Web3 Investors Remain Active
While overall funding in Web3 was down last year from 2021, several top investors in the space such as Shima Capital, Animoca Brands and Y Combinator saw their numbers tick up in 2022, according to Crunchbase data.
Coinbase Stock Jumped 60% in Two Weeks, ARK Invest Breaks Buying Streak
Riding on the wave of a broader market rally, Coinbase stock (COIN) notched a rally of nearly 60% over the past two weeks exceeding more than $84 per share.
Coinbase Expands in the Brazilian Market With Pix and Ebanx
Coinbase has announced that it is expanding its presence in Brazil by integrating Pix and partnering with Ebanx. Coinbase already exists in Brazil, with several initiatives launched in the past. The development helps the venture better accomplish its mission of making the crypto economy accessible to everyone in Brazil.
Coinbase Win Streak Hits Record as Bitcoin Holds $28,000 Level
Coinbase Global Inc. rose for the seventh consecutive session on Tuesday, the cryptocurrency exchange’s longest streak of gains ever as Bitcoin climbed to its highest since June.
Coinbase Argues an Arbitration Case in U.S. Supreme Court as Crypto Makes Its Debut
Coinbase Inc. argued at the U.S. Supreme Court on Tuesday that its disputes over forcing customers into arbitration should freeze the courts while the arguments play out – a moment that breaks legal ground for crypto with the industry’s first high court appearance.
Coinbase Stock Surges 12% on Brazil Expansion News
Coinbase stock is today up 12% after the cryptocurrency exchange announced its expansion to Brazil.
