Coinbase Plans to Launch Futures Trading for Dogecoin, Lauds Memecoin’s Transition Over Years

Coinbase Plans to Launch Futures Trading for Dogecoin, Lauds Memecoin’s Transition Over Years

Coinbase is seemingly exploring ways to add more services to its portfolio that makes people reach its platform and engage with digital assets in varied manners. The crypto exchange is now planning to launch a futures trading service for Dogecoin. Through futures trading, people can hedge against the future values…

Crypto Firm, Industry Group Sue US SEC for ‘Overreach’ on Digital Assets

Crypto Firm, Industry Group Sue US SEC for ‘Overreach’ on Digital Assets

A Texas cryptocurrency company and an industry group sued the U.S. Securities and Exchange Commission on Wednesday, saying the regulator has overstepped its authority and asking a judge to rule that digital assets traded on exchanges are not securities. Fort Worth-based crypto company Lejilex and lobbying group Crypto Freedom Alliance…

Coinbase Crypto Exchange, US SEC Lock Horns in US Court Over Digital Assets as Securities

Coinbase Crypto Exchange, US SEC Lock Horns in US Court Over Digital Assets as Securities

A federal judge in Manhattan on Wednesday grilled Coinbase and the US securities regulator about their divergent views on whether and when digital assets are securities, in a case closely watched by the cryptocurrency industry. Coinbase has asked the court to dismiss the Securities and Exchange Commission’s lawsuit alleging the…

US SEC Denies Coinbase Petition Seeking New Crypto Rules for Digital Assets Sector

US SEC Denies Coinbase Petition Seeking New Crypto Rules for Digital Assets Sector

The US Securities and Exchange Commission on Friday denied a petition by Coinbase Global seeking new rules from the agency for the digital asset sector, which the country’s largest crypto exchange said it plans to challenge in court. The five-member commission, in a 3-2 vote, said it would not propose…

Crypto Firms in US Spent Nearly $19 Million on Lobbying in First 3 Quarters of 2023, on Track for Record Year

Crypto Firms in US Spent Nearly $19 Million on Lobbying in First 3 Quarters of 2023, on Track for Record Year

The cryptocurrency industry was on track to hit a new record for federal lobbying spending, after a year in which firms scrambled to repair their reputations and advance friendly legislation, according to data provided to Reuters by nonprofit research group OpenSecrets. Crypto companies spent $18.96 million (roughly Rs. 158 crore) in…

Coinbase Plans to Push Institutional Investors into Web3, Defi, NFTs Amid Rattled India Operations

Coinbase Plans to Push Institutional Investors into Web3, Defi, NFTs Amid Rattled India Operations

Coinbase, in a bid to get institutional investors to engage with NFTs and DeFi, has launched a new service dedicated to do so. Under its Coinbase Prime division, the exchange has launched an institutional grade Web3 Wallet with advanced level security and utility provisions. Coinbase’s interest to increase the involvement…

Coinbase Discontinues Services for ‘Policy Violators’ in India; Reportedly Shuts New Registrations

Coinbase Discontinues Services for ‘Policy Violators’ in India; Reportedly Shuts New Registrations

Coinbase on Monday clarified that it was not shutting operations in India, hours after reports surfaced that it had emailed customers asking them to withdraw their funds before September 25. The exchange reportedly stated that it is not ceasing its India operations for all users. The confusion over the company’s…

Coinbase Chief Brian Armstrong to Meet US Lawmakers to Discuss Crypto Future

Coinbase Chief Brian Armstrong to Meet US Lawmakers to Discuss Crypto Future

Brian Armstrong, the CEO of Coinbase crypto exchange, is looking to meet with policymakers from the US. The agenda of Armstrong’s rendezvous with the Democrats revolves around opening discussions on the future of the digital assets sector in the US. Valued at $1.2 trillion (roughly Rs. 98,47,344 crore) as of…

Coinbase’s Self-Custody Wallet Service Gets Messaging Feature: All Details

Coinbase’s Self-Custody Wallet Service Gets Messaging Feature: All Details

Coinbase, amid it’s on and off legal tussle with the SEC, has deployed an update to its self-custodial wallet service. Users of this wallet service will now have access to a messaging service as well. This will be an end-to-end encrypted service that will let users engage with other members…

Nasdaq Refiles BlackRock’s Bitcoin ETF Application With SEC: Details

Nasdaq Refiles BlackRock’s Bitcoin ETF Application With SEC: Details

Nasdaq refiled an application with the U.S. securities regulator to list an exchange-traded fund by BlackRock that will reflect the price of bitcoin to add additional details, according to a filing made public on Monday. The refreshed filing, submitted to the U.S. Securities and Exchange Commission (SEC) on Thursday, said…