While it may not significantly impact the industry, the Supreme Court’s ruling to back Coinbase's appeal reinforces the ability of firms to channel customer and employee disputes into arbitration.
The U.S. securities regulator has until October 11, 2023, to respond to Coinbase's petition on proposed crypto-specific rules before the Third Circuit move ahead with the ruling.
Most prominent exchanges are likened to casinos and tokens as chips, with no practical purpose, leading to crypto wash trading being endemic to the digital asset sector.
Coinbase customers are complaining about their accounts being closed without any explanation; complaints include quotes from Coinbase that refuse to divulge the justification behind the closures.
With the latest SEC lawsuits, Binance and other exchanges are in hot water, legally and business-wise, as most reasonable investors turn elsewhere with their capital.
A decision was made at a case management conference on how best to definitively settle the issue of whether Dr. Craig Wright is Satoshi Nakamoto, at least for Dr. Wright’s ‘passing off’ cases and COPA vs Wright.
The Wall Street Journal recently released a video interview with Brian Armstrong the day after the U.S. Securities and Exchange Commission filed a lawsuit accusing Coinbase of operating an unregistered securities exchange, broker and clearing agency.
Charging the world's two largest exchanges—Coinbase and Binance—poses a question of what makes a digital asset a security following the SEC's refusal to make a similar move against BTC and ETH.
Under the new digital currency promotion rules, any promotion of digital currency products or services will need to attach a “clear warning,” suggested by the FCA.
Charges filed by the SEC against Binance and Coinbase spell trouble for the 'crypto' industry dominated by exchanges that offer assets that amount to securities without proper authorization.
The SEC's charges against Coinbase put the company at a high risk, with Berenberg analyst Mark Palmer projecting that "at least 37%" of the exchange's revenue could be wiped out.
Coinbase has again attacked the U.S. securities regulator for failing to respond to its petition, this time using SEC chair Gary Gensler's recent public speech to convince the court to force the SEC's hand.
