Judge Rules in Coinbase’s Favor in SEC Battle Coinbase wins motion to compel discovery. Key documents must be shared with the SEC. A federal judge has ruled in Coinbase’s favor in an ongoing legal battle with the US Securities and Exchange Commission, ordering the SEC to produce documents that strengthen Coinbase’s defenses. Coinbase argues that … Read more
Crypto will be the real winner on November 5, Coinbase’s top lawyer says. However, few doubt that crypto is an election issue. Coinbase Chief Legal Officer Paul Grewal is betting that the next set of elected lawmakers will be crypto-friendly, regardless of who wins the US election. “We’re going to see a pro-crypto Congress emerge … Read more
Over $2.4 billion worth of Coinbase cbETH tokens were withdrawn last month. The supply of cbETH has dropped by more than 50% due to massive withdrawals. CbETH is Coinbase's liquid-staked ether token. Coinbase's liquid-staking token is cbETH lost More than half of its supply since June. During that period, the cbETH market size declined to … Read more
Coinbase's CEO wants to launch a crypto index fund. There are regulatory hurdles to doing so. Coinbase beat analysts' expectations in its second quarter earnings. Coinbase wants to create its own crypto index fund, CEO Brian Armstrong said on the firm's earnings call with investors. In response to a question about Coinbase's product roadmap, Armstrong … Read more