SEC urges court to deny Coinbase summary judgment
The Securities and Exchange Commission argued that assets listed on Coinbase exchange clearly amount to securities under U.S. law.
The Securities and Exchange Commission argued that assets listed on Coinbase exchange clearly amount to securities under U.S. law.
The U.S. Bankruptcy Court for the Southern District of New York was informed that Celsius's rank-and-file creditors had voted in favor of a plan, but the vote still needs the approval of the Court.
Coinbase is trying to rally support for reducing regulatory oversight of its operations, even as U.S. regulators warn that additional oversight is in the mail.
Sony is collaborating with Startale Labs for a pioneering Web3 blockchain venture, which aims to transform the Web3 infrastructure, expressing optimism in surpassing Coinbase's Base in functionality.
Branding itself as a friendly hub for "crypto" investors, Texas is now focusing on regulating the digital asset sector through its new alliance, whose founding members have a shady track record.
A recent hearing at the Senate Banking Committee saw Gary Gensler grilled on the SEC's track record, highlighting contrasting attitudes toward the work of the securities regulator and its Chair.
Security agencies from Canada, Australia, U.S., U.K., and New Zealand raise alarm over 'Infamous Chisel' malware targeting Android devices and cryptocurrency exchanges, linked to state-backed entity Sandworm.
In a desperate attempt to revive its revenue, Circle returned its stablecoin to Coinbase's Base blockchain, a so-called "decentralized" network whose reputation is marred by technological woes.
Coinbase's Base hit 16 transactions per second earlier in August, a number inferior to what a blockchain could do and not even close to BSV's 128M transactions in a 24-hour period in the same month.
Circle assumes "direct accountability" for USDC following the dissolution of the Centre consortium as a stand-alone entity, with plans to debut the stablecoin to six new blockchains.
Circle's Dante Disparte takes a swipe against Tether over the latter's "unsafe, opaque" operations, while Coinbase seemingly resorts to unethical moves in an attempt to save its plummeting revenue.
In this article, ZeMing Gao looks into the amicus brief for Coinbase, why speculation drives regulators to enact securities laws, and how an asset is classified as a security.