Tag: Coinbase
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Coinbase Knew It May Have Been Violating the Law Prior to the SEC’s Lawsuit, Regulator Claims
[ad_1] “Coinbase, a multi-billion-dollar entity advised by sophisticated legal counsel, argues it was unaware that its conduct risked violating the federal securities laws, and suggests that by approving Coinbase’s registration statement in 2021 the SEC confirmed the legality of Coinbase’s underlying business activities – at that time and for all time,” the SEC said in…
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BlackRock Bitcoin $BTC ETF Application Refiled, Naming Coinbase $COIN as ‘Surveillance-Sharing’ Partner
[ad_1] Several other pending applications, including one on behalf of BlackRock’s money-management rival, Fidelity, have since been updated to name Coinbase as the partner for the surveillance-sharing agreements. The sponsor of a bitcoin trust must enter a surveillance-sharing agreement with a regulated market of significant size to secure a go-ahead from regulators, based on a…
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Maverick Protocol Announces $9m Funding Round, Backed By Binance and Coinbase
[ad_1] Maverick Protocol, a provider of Decentralized Finance (DeFi) infrastructure, has completed a funding round, raising $9 million. Founders Fund, an American venture capital firm, led the funding. It was also supported by other prominent Venture Capitalists (VCs) firms such as Binance Labs, Coinbase Venture, Pantera Capital, and Apollo Crypto. Maverick Protocol To Focus On…
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BlackRock Files Bitcoin ETF Application, Leveraging Coinbase Custody
[ad_1] BlackRock, the worlds largest asset supervisor, has filed an utility for a spot Bitcoin ETF (exchange-traded fund). Of their pursuit of a Bitcoin ETF, BlackRock has chosen Coinbase Custody as their trusted custodial answer. The proposed ETF might be benchmarked towards indices supplied by CF Benchmarks. The indices might be comprised of worth information from…
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SEC’s Latest Crackdown Against Coinbase and Binance Could Drive Crypto Firms Out of the U.S.
[ad_1] “I believe we are going to see an increasing number of strikes like this,” Andrew Lawrence, co-founder and CEO of Censo Inc., an on-chain custody answer mentioned. “Sure, the U.S. is the most important market, however people who find themselves constructing within the crypto business are doing so not due to the dimensions of…
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Coinbase CEO Drops Bombshell Prediction
[ad_1] Coinbase CEO Brian Armstrong has warned that the US dangers ceding its world monetary management and innovation hub standing if it fails to acknowledge the transformative potential of blockchain expertise and cryptocurrency. In a current interview with Market Watch, Armstrong urged policymakers and regulators to supply regulatory readability to make sure shopper safety and…
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Crypto Execs From Coinbase, Messari Give Washington Influence Another Go With FTX Anchor Around Necks
[ad_1] Whereas that day-to-day lobbying work occurs, although, tens of millions of U.S. crypto customers are keen to verify Congress is listening to their view that “we wish to preserve it right here and we wish to have strong guidelines,” Fast mentioned, which explains the efforts from enterprise leaders to drum up grassroots campaigns. There’s…
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In its response to a US federal court, the SEC says Coinbase has no right to compel the agency to issue guidelines for crypto companies "on a specific timeline" (Casey Wagner/Blockworks)
[ad_1] Casey Wagner / Blockworks: In its response to a US federal court docket, the SEC says Coinbase has no proper to compel the company to subject pointers for crypto corporations “on a selected timeline” — The Securities and Alternate Fee has issued a response to Coinbase’s grievance requesting the company to determine regulatory readability…
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Coinbase Engages Legal And Political Aids In Battling SEC
[ad_1] The biggest crypto alternate within the US, Coinbase, has made a notable transfer concerning the allegation from the US Securities and Trade Fee on securities regulation violation. Coinbase engaged a World Advisory Council for the battle with the SEC. The council contains heavy hitters from each the political and authorized sectors. Coinbase Will get…
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Lawyer Expects SEC to Lose if It Sues Coinbase Due to ‘Fatal Flaw’ of Gary Gensler’s Own Making – Bitcoin News
[ad_1] A lawyer has defined why the U.S. Securities and Alternate Fee (SEC) will probably lose if the regulator takes crypto change Coinbase to court docket over alleged securities regulation violations. “The issue is fully of Gary Gensler’s personal making,” he careworn. Lawyer Expects SEC to Lose In opposition to Coinbase in Courtroom Lawyer James…