Coinbase CEO Says Uncertain Regulations Previously Impacted 95% Of Trading
According to reports, the CEO of Coinbase, Brian Armstrong, expressed dissatisfaction over the recent actions from the regulators. The US Securities and Exchange Commission (SEC) has created massive quakes regarding crypto regulations. As a result, the crypto space has experienced strict regulatory rules and enforcement actions from the watchdog. Also, its lawsuit with Ripple XRP […]
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Rumors are circulating that Coinbase will soon reinstate XRP trading on its platform. Last Thursday, XRP was relisted on Coinbase Pro, with the XRP/USD, XRP/EUR, XRP/GBP, and XRP/BTC pairs available for trading. But this was soon cut short, with Coinbase saying this resulted from a “technical issue,” and XRP trading remains suspended. As previously announced, […]
Coinbase CEO Brian Armstrong argues that privacy advocates could gain the most from compliance since it will make them rich. But could non-compliance be even more lucrative for Bitcoin? Compliance Will Make Who Rich? Armstrong defines compliance as “working with regulators, law enforcement, banks, etc.” and touts the fact that as much as 20% of Coinbase....
Coinbase, BlockFi, and other major companies in the crypto sector have been negatively impacted by the persistent downtrend across the digital and legacy financial markets. The companies have been forced to cut down on their staff to stay afloat and continue with their operation. Related Reading: Crypto Firm Genesis Trading And Head Of Sales Steps […]
Coinbase and Ripple Labs Inc. are close to receiving bitcoin licenses to offer their virtual currency services in New York State, according to Reuters. Both companies have provided applications to the state’s Department of Financial Services (NYSDFS), according to a notice on the department’s website. The notices usually post following completion of the paperwork, according to sources who wished to remain unnamed. The precise times of the license approvals are uncertain. Both companies are based in San Francisco, Calif. New York last year issued the most extensive regulations for operating....
The price of shiba inu cryptocurrency got a boost Tuesday after Coinbase announced that the meme crypto will start trading on Coinbase Pro as early as this week. This announcement follows Coinbase adding trading for dogecoin. Coinbase Pro Adds Shiba Inu Trading Following the listing of the meme cryptocurrency dogecoin (DOGE) early this month, Coinbase announced Tuesday that the shiba inu (SHIB) crypto will start trading on Coinbase Pro this week. The ERC20 crypto shiba inu is seen by some as an alternative token to dogecoin. The Nasdaq-listed company says that starting immediately,....