Coinbase accuses the SEC of simultaneously claiming that it hasn’t made up its mind on the exchange’s demands while SEC chairman Gary Gensler publicly states that “the rules have already been published.”
When it should be celebrating its international expansion, Coinbase is plagued by civil suits and insider trading allegations— adding up to its battle was a consecutive quarter of negative profits.
Coinbase filed an official protest of plans by the U.S. SEC to expand the Investment Advisers Act of 1940 custody rules in order to “protect a broader array of client assets and advisory activities.”
Coinbase narrowly escaped massive losses, thanks to the rising fiat value of major tokens, but this isn't enough to save its revenue from plummeting as Wells notice from the SEC looms.
Dr. Craig Wright was a guest on the Alfie Whattam Podcast not to convince listeners that he is the true inventor of Bitcoin but to tell his story and why he's going after big 'crypto' names.
The suit alleged that Coinbase directors knew their need to raise additional capital as early as December 2020 but chose to “deprioritize” this action.
Following a complaint in California, Coinbase faces another suit over its alleged failure to disclose a disparity between internal valuation and perceived market value before going public.
The incoming regulations are not designed to stifle innovation but will provide more opportunities to service providers, according to Economic Secretary to the U.K. Treasury Andrew Griffth.
Coinbase recently posted an update on its plan to “go broad and deep,” aka establish bases of operation in jurisdictions that will let it do what American authorities won’t let it do at home.
Vishal Gupta said he would pursue an undisclosed new blockchain-based project, stating in a Twitter thread that it was “time for me to move on” but played coy on his future plans.
U.S. SEC believes it has identified securities violations relating to "aspects of the Company's spot market, staking service Coinbase Earn, Coinbase Prime and Coinbase Wallet" products.
Recent figures show Coinbase generated revenue of just under $3.15 billion last year, down from $7.35 billion in 2021.
