Coinbase CEO Says Vote ‘Yes’ for Crypto Regulatory Bills: FIT2, Blockchain Certainty Act

Coinbase’s chief, Brian Armstrong, is using his platform to encourage American citizens to endorse the proposed crypto regulatory bills – the Financial Innovation and Technology for the 21 Century Act...

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Coinbase CEO to Americans: Urge reps to vote ‘Yes’ on crypto regulatory clarity bills

Brian Armstrong said that voting Yes to the bill would protect innovation and national security in the United States.

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First Mover Asia: Bitcoin Lingers Below $30K, While XRP Continues Its Rally

PLUS: Last week's partial court victory for Ripple last week buoyed Coinbase's share price by clarifying a nettlesome regulatory issue. The company still needs to recapture trading volume but seems headed for better times, an analyst says.

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Coinbase’s regulatory woes in US far from over, analysts opine 

Berenberg Capital analysts opine that Coinbase still faces significant regulatory challenges in the United States despite Ripple's recent legal victory

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Coinbase Earn Is Particularly Vulnerable to Being Defined as a Security: Berenberg

The crypto exchange is still faced with significant regulatory challenges, the report said.

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Coinbase Halts Staking Services in Four US States Amid Regulatory Scrutiny

Coinbase said it was committed to defending staking despite regulatory challenges facing the services in the United States. The post Coinbase Halts Staking Services in Four US States Amid Regulatory Scrutiny appeared first on BeInCrypto.

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Ripple’s XRP Summary Judgment Positive for Coinbase, Price Target Raised to $120: Needham

The court’s decision should moderately de-risk the regulatory pressure on the crypto exchange’s stock, which is a significant overhang on the share price, the broker’s report said.

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XRP Overtakes BNB Coin As Fourth-Most Valuable Crypto As Coinbase Announces Relisting

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Coinbase challenges SEC’s attempt to dismiss defenses, asserts lack of regulatory authority over crypto

Coinbase described the U. S. Securities and Exchange Commission’s (SEC) intent to strike out its defenses as a “disfavored” motion, according to a July 12 letter to Judge Katherine Failla.

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Binance.US market share drops below 1% amid regulatory lawsuit: Report

The U.S. market share of Binance.US has reportedly dropped amid a Securities and Exchange Commission lawsuit, while Coinbase’s rose roughly 7% in June.

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Coinbase stock could sink all the way back to $60 – analyst says

Piper Sandler downgraded Coinbase Global Inc on Wednesday. Analyst Patrick Moley cited regulatory uncertainty for dovish view. Coinbase stock has gained close to 60% over the past thirty days. Coinbase Global Inc has been an absolute delight for shareholders over the past thirty days but a sharp downturn is likely moving forward, as per a […] The post Coinbase stock could sink all the way back to $60 – analyst says appeared first on CoinJournal.

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Analysts Downgrade Coinbase Ratings and Expect Trading Volume to Hit Two-Year Low

Investment bank Piper Sandler has downgraded Coinbase stock from overweight to neutral, predicting a 20% fall in market price due to expected low Q2 trading volume and regulatory uncertainty. The post Analysts Downgrade Coinbase Ratings and Expect Trading Volume to Hit Two-Year Low appeared first on BeInCrypto.

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Coinbase downgraded by analysts amidst regulatory wrangles

Piper Sandler analyst Patrick Moley has downgraded Coinbase due to its ongoing legal tussle with the Securities and Exchange Commission (SEC) and the continuing ambiguity over cryptocurrency regulation in the U.

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Crypto prices rising and sentiment flipping but liquidity & macro picture are ominous

Key Takeaways Crypto prices are rising sharply, with Bitcoin up 20% in the last three weeks The filing of a number of high-profile Bitcoin ETFs has pushed optimism in the market Under the hood, liquidity remains low and some worrisome trends emerge, however The regulatory woes are still present, with Coinbase and Binance facing a […] The post Crypto prices rising and sentiment flipping but liquidity & macro picture are ominous appeared first on CoinJournal.

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Blockchain Association Backs Coinbase In SEC Regulatory Battle

The Blockchain Association has released a comprehensive document backing Coinbase option on the legal rationale behind its argument calling for the recusal of Securities and Exchange Commission Chair Gary Gensler from any decision-making processes.

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How Kraken emerged as an oasis of growth in 2023

Traders started to give preference to Kraken after the legal action on Coinbase and Binance. Kraken was the third-largest crypto exchange globally in terms of trading volume. Regulatory hostThe post How Kraken emerged as an oasis of growth in 2023 appeared first on AMBCrypto.

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SEC Filings Impact: Emerging Ecosystem Tokens Tumble 25% In Market Cap

In the world of crypto, the influence of regulatory decisions is profound. Recently, emerging ecosystem tokens witnessed a considerable downturn in market capitalization. This shift comes in the wake of the United States Securities and Exchange Commission (SEC) filings against prominent crypto exchange platforms, Binance and Coinbase.

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Over 50% of Fortune 100 companies have embraced crypto and web3, study shows 

Coinbase's latest report reveals that more than half of the Fortune 100 companies in the US have actively embraced crypto, blockchain, and web3 technologies in recent years, signaling a growing adoption trend despite regulatory challenges.

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Binance’s Woes Continue as Market Share Plummets

Binance's market share declined from 65. 9% in January to 55. 9% in June 2023 due to regulatory issues. Coinbase's market share also fell from 7. 6% to 6. 8%. Meanwhile, OKX, Kraken, Huobi, and 16 other exchanges gained market share.

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Coinbase Loses Market Share in Ether Staking as Regulatory Pressure Mounts

The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021, as the SEC sued Coinbase for offering unregistered securities this month.

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2024 election could play a key role in crypto regulation, says Coinbase CEO

Key takeaways Brian Armstrong believes next year’s presidential election could be crucial to the crypto industry’s regulation. He pointed out that the crypto industry needs clear regulatory guidelines.

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Coinbase Report: Over 50% Of Fortune 100 Companies Have Blockchain Initiatives In Pipeline

The cryptocurrency industry in the United States seems set for continuous expansion, despite the increasing regulatory pressure in the country. According to a new report by crypto exchange Coinbase, several leading U.

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How Lido managed to make the best out of regulatory crackdown

SEC lawsuit against Coinbase drove users to decentralized staking protocols like Lido. Lido experienced a surge in activity and revenue as well. Coinbase, one of the largest centralized exchThe post How Lido managed to make the best out of regulatory crackdown appeared first on AMBCrypto.

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Court ruling fuels Coinbase’s regulatory quest against SEC

Coinbase’s chief legal officer, Paul Grewal, recently spotlighted the SEC’s apparent evasiveness on crypto regulation-related questions from a federal court.   In the uncertain landscape of cryptocurrency regulation, another significant clash has taken center stage.

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Bitcoin rallies past $27k, while ETH/BTC ratio sinks

Quick Take Bitcoin has surpassed the $27,000 mark for the first time since June 7, indicating a notable recovery from previous challenges. It’s noteworthy that this resurgence comes in the wake of significant regulatory pressures faced by Bitcoin concerning the SEC lawsuits against major platforms Coinbase and Binance.

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Binance Coin (BNB) Defies Regulatory Pressure, Holds $220 Support

Binance Coin (BNB), the native token of the Binance ecosystem, has faced significant challenges in the wake of the recent lawsuits filed by the US Securities and Exchange Commission (SEC) against both crypto exchange Binance and Coinbase.

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Hinman documents unsealed in Ripple vs. SEC case, Binance faces more regulatory headwinds | Weekly recap

Hinman documents unsealed in the Ripple vs. SEC case, Binance and Coinbase navigate market conditions following SEC's charges, bill to dismiss Gary Gensler as SEC Chairperson reaches Congress

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Bitcoin Balance on Exchanges Plunges

Dip follows regulatory lawsuits against Binance and Coinbase

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Bakkt Delists Solana, Cardano, And Polygon Amid Regulatory Uncertainty

New York-based digital assets platform Bakkt has decided to delist three prominent cryptocurrencies—Solana, Cardano, and Polygon—due to regulatory uncertainty and a lack of clarity. This move follows recent lawsuits filed by the United States Securities and Exchange Commission (SEC) against leading crypto exchanges Coinbase and Binance, alleging the sale of unregistered securities, including Solana, Cardano, […]

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Coinbase Tackles SEC’s Conduct, Says Commission’s Response Is ‘Evasive’

The plot thickens as Coinbase exchange strives for a clear regulatory scheme in the United States. Following a “noncommittal” and unsatisfactory response from the Securities and Exchange Commission (SEC), the US-based crypto company has submitted another official petition to a federal court on Saturday.

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Coinbase Policy Chief Shirzad Squares Off With SEC Enforcement Director Grewal

A sneak peek of the looming crypo regulatory prize fight highlights that everyone is talking past each other.

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Crypto Industry Will Survive Regulatory Pressure – Blockstream CEO Adam Back

The last two weeks have been tough for the crypto industry in the US as the Securities and Exchange Commission (SEC) has sued Binance and Coinbase in a wave of regulatory crackdown. This ripple effect affects other countries as local regulators started to take a tough stand against crypto. As a result, strategists say the […]

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Coinbase raises USDC rewards to 4% amid SEC regulatory scrutiny

San Francisco-based crypto exchange Coinbase has raised its reward rates for USD Coin (USDC), a stablecoin tied to the US dollar. Users can now earn a 4% annual percentage yield (APY) on their USDC holdings.

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Crypto Market Bleeds As SEC Pressures Mount, Is It Time To Buy?

The crypto market seems to have reached a critical turning point where prices are suffering because of regulatory pressure across the space. This ranges from the United States Securities and Exchanges Commission (SEC) suing Binance and Coinbase exchanges, as well as the Ripple case heating up.

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Crypto is not immune to regulation, US crackdown is immensely hurtful

Key Takeaways The US regulatory crackdown continues, with Coinbase and Binance sued last week and a list of tokens declared securities by the SEC Crypto.com is shutting down its institutional exchange, citing lower demand following recent events in the industry  Retail will always be able to access crypto, but institutional capital will dwindle, which will […] The post Crypto is not immune to regulation, US crackdown is immensely hurtful appeared first on CoinJournal.

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SEC snubs Coinbase’s seven-day rulemaking request but could act by October

The U. S. Securities and Exchange Commission (SEC) stated in a June 13 court filing that it has not yet decided on requests from Coinbase. SEC says it hasn’t decided on rulemaking In July 2022, Coinbase petitioned the SEC to engage in rulemaking for the cryptocurrency industry, seeking clear regulatory guidelines.

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‘The Industry Doesn’t Want the Answers.’ Josh Klayman on Coinbase and Binance

The crypto lawyer isn’t buying the argument that the SEC refuses to give the industry “regulatory clarity.” Chair Gary Gensler has been quite clear over the last two years about what is and what isn't a security, she says.

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Crypto Community Roots For Binance Amid SEC’s Motion To Freeze Binance.US Assets

The digital asset market is under intense regulatory fire from the Securities and Exchange Commission (SEC), with Binance and Coinbase at the fore. Experts say this might only be the surface.

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These altcoins gained the most as SEC’s legal drama cools down

As the heat around Binance and Coinbase cools, the global crypto market gains correction despite the industry’s regulatory pressure in the US. Here are the top three crypto assets of the past 24 hours. Sui (SUI) SUI token ranks at…

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Coinbase Receives Hong Kong Legislator’s Support Amid Regulatory Storm

Coinbase, one of the world’s leading cryptocurrency exchanges, is being beckoned toward the shores of Hong Kong as the region’s progressive stance on cryptocurrencies continues to gain traction.

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Regulation vs. Innovation: Is There Any Balance?

In the rapidly evolving world of cryptocurrencies, a constant battle rages between the need for regulatory oversight and the desire to foster innovation. The recent lawsuits filed by the U.S. Securities and Exchange Commission (SEC) against BinanceUS and Coinbase have brought this tension to the forefront, igniting debates about the future of the industry. Regulator’s […]

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Coinbase CEO says crypto industry needs clarity, either from Congress or case law

The U.S. crypto industry needs regulatory clarity, which can only come from Congress or through case law, Coinbase CEO Brian Armstrong told The Wall Street Journal. Armstrong said there’s an ongoing power struggle between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) and Coinbase has been “caught in the middle” […] The post Coinbase CEO says crypto industry needs clarity, either from Congress or case law appeared first on CryptoSlate.

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Bitcoin: Of regulatory pressure and exchange fees

Bitcoin transaction fees increased, surpassing 2022 levels. Coinbase and Binance balances fell as the market greed dropped. Although exempted from the U.S. SEC hammer, Bitcoin’s [BTC] respThe post Bitcoin: Of regulatory pressure and exchange fees appeared first on AMBCrypto.

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“This Is An Opportunity To Get Rule Clarity In Court”- Coinbase Stresses On The Positive Amid SEC Lawsuit

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Hong Kong Courts US Exchanges Amid Regulatory Issues

A legislator from Hong Kong has extended an invitation to Coinbase and other cryptocurrency businesses to establish themselves in the region, assuring necessary support. The post Hong Kong Courts US Exchanges Amid Regulatory Issues appeared first on BeInCrypto.

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Coinbase CEO seeks regulatory clarity, expects ‘right outcome’ for crypto industry

Coinbase CEO Brian Armstrong believes crypto entrepreneurs will return to the United States once the government establishes the "right outcome" for cryptocurrency regulations

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Crypto.com Pauses US Institutional Trading Service Following Regulatory Pressure

Crypto.com, one of the world’s largest crypto exchanges, has halted its institutional trading platform for US clients. The release of this news comes in the wake the Securities and Exchange Commission’s (SEC) decision earlier this week to take legal action against two of the most well-known cryptocurrency exchanges; Coinbase and Binance. Shutting Down Institutional Service […]

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Crypto Investor Sentiment Refuses To Budge, But Can The Weekend Change This?

Crypto investor sentiment has been in the same place for over a month as investors have been hard-pressed to make a decision. This comes amid heightened regulatory headwinds with the United States Securities & Exchange Commission suing the likes of Binance and Coinbase.

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Crypto.com Shuts Down US Institutional Exchange Amid Regulatory Concerns

Crypto.com, the Singapore-based exchange, has announced that it will shut down its institutional exchange service for US customers due to limited demand. The closure will take effect on June 21, 2023, and comes amid regulatory concerns in the US market, likely referencing the recent legal actions against Binance and Coinbase. Related Reading: Breaking: DOJ Takes […]

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