Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BlackRock, the asset management company with a staggering $9 trillion under its control, is said to be on the verge of applying to a bitcoin exchange-traded fund (ETF). Insider...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied BlackRock, the asset management company with a staggering $9 trillion under its control, is said to be on the verge of applying to a bitcoin exchange-traded fund (ETF). Insider...
A Hong Kong lawmaker is extending an invitation to Coinbase, despite news of the SEC lawsuit occurring just one week earlier. Hong Kong Legislative Council member Johnny Ng has taken to Twitter to invite Coinbase and other global virtual asset trading operators to...
During a week marked by heightened regulatory scrutiny, the cryptocurrency industry experienced a significant milestone as the United States Securities and Exchange Commission (SEC) filed charges against Binance and Coinbase. Against the backdrop of a broader regulatory push, the SEC categorized numerous crypto...
Coinbase CEO Brian Armstrong believes crypto entrepreneurs will return to the United States once the government establishes the “right outcome” for cryptocurrency regulations. In a recent interview, Armstrong emphasized that regulating crypto is simple and expressed confidence that the United States will achieve regulatory...
Chicago-based crypto trading firm, Cumberland, is moving millions worth of Polygon’s native cryptocurrency, MATIC, to Binance and Coinbase. As of June 10, the trading firm had moved $9.8 million MATIC to the two leading cryptocurrency exchanges. Cumberland moving millions worth of polygon tokens...
Moody’s, the international credit ratings agency, has revised its outlook on Coinbase, the cryptocurrency exchange, from “stable” to “negative.” This decision comes after the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Coinbase for allegedly functioning as an unregistered securities broker. Moody’s expressed...
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The SEC’s arguments against Coinbase and most of Binance’s litigation would be severely weakened if Judge Torres ruled that XRP tokens purchased on secondary marketplaces are not securities, according...
Coinbase chief legal officer faces congressional committee following SEC charges against the company
Coinbase Chief Legal Officer, Paul Grewal, wasted no time addressing concerns related to his employer’s recent charges by the Securities and Exchange Commission (SEC). Just hours after the SEC’s allegations of securities law violations against Coinbase, Grewal appeared before the House Agriculture Committee...
Amid the SEC’s allegations of Coinbase operating an illegal exchange, Cathie Wood’s managed funds have increased their stake in the company’s stock. Coinbase shares experienced a significant 21% decline on June 6 amid the SEC complaint. However, Ark Investment acquired 419,324 shares, according...