Coinbase has launched stock perpetual futures for non-US traders, expanding its push to offer round-the-clock access to multiple asset classes. Coinbase has launched stock perpetual futures for eligible non-US traders, expanding its push to offer round-the-clock access to crypto, equities and prediction markets on a single platform. In a Friday blog post, Coinbase said the product was not available to US persons at the current time, but that it was “working to expand this offering to additional regions in the future.” The contracts are available on Coinbase Advanced for retail users and Coinbase International Exchange for institutions, offering leveraged, cash-settled exposure to major US stocks and indices, including Apple (AAPL) and Nvidia (NVDA), in a format familiar to crypto traders. Read more
The new toolkit from Sam Altman's startup lets AI agents prove they are backed by a unique human while interacting with websites, APIs and other online services. World, the identity network co-founded by OpenAI CEO Sam Altman, has released AgentKit, a developer toolkit that allows AI agents to prove they are linked to a verified, unique human through World ID when interacting with websites and online services. The system integrates World ID’s proof-of-human identity with the x402 micropayments protocol started by Coinbase and Cloudflare, allowing agents to pay for access to online resources while presenting cryptographic proof that they are linked to a verified human credential. The x402 protocol allows agents to pay small fees to access websites, APIs and other services. According to an announcement, the ecosystem has processed more than 100 million payments across applications, APIs and AI agents since launching in 2025. Read more
US lawmakers are eyeing tax exemptions for US dollar stablecoins, which are pegged and do not change in value, but not other cryptocurrencies. Executives at Coinbase have denied allegations that the crypto exchange is blocking a de minimis tax exemption for Bitcoin (BTC) transactions below a certain threshold to push for stablecoin tax exemptions. Several Bitcoin advocates speculated on social media that the exchange told US lawmakers that a BTC tax exemption is not needed because BTC is not widely used as a medium of exchange. Coinbase CEO Brian Armstrong responded by calling the allegations “totally false” and a form of misinformation. Read more
The insurance broker is piloting stablecoin payments for premiums using USDC and PYUSD, testing blockchain settlement rails for faster payments in global insurance markets. Aon, one of the world’s largest insurance brokers, is testing the use of stablecoins to pay insurance premiums, highlighting the growing role of digital dollars in traditional financial infrastructure following the passage of the GENIUS bill last year. In a Monday announcement, UK-based Aon said it completed a pilot that settled insurance premiums for clients, including Coinbase and Paxos, using USDC (USDC) on Ethereum and PayPal USD (PYUSD) on Solana. Tim Fletcher, CEO of Aon’s financial services division, said the pilot reflects the company’s effort to explore stablecoins as a payment rail, predicting that tokenized assets will become more widely used in financial transactions. Read more
Coinbase launched regulated crypto and equity index futures for Advanced users in 26 European countries as ESMA sharpens scrutiny of perpetual-style products. Cryptocurrency exchange Coinbase has launched new futures offerings in Europe, expanding its push to give users access to both crypto and traditional market exposure through regulated products. Coinbase said Monday the contracts are being rolled out to Coinbase Advanced users in 26 European countries, including Germany, France and the Netherlands, through its Markets in Financial Instruments Directive, or MiFID, entity. The new lineup includes crypto futures tied to assets such as Bitcoin (BTC) and Solana (SOL), along with an equity-index product called the Mag7 + Crypto Equity Index Futures. Coinbase said that contract combines exposure to the so-called Magnificent Seven stocks of Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta and Tesla, with crypto-linked equities and BlackRock iShares exchange-traded funds tied to BTC and Ether (ETH). Read more
The lawsuit seeks damages for Coinbase, governance reforms and the return of compensation and profits allegedly earned by insiders amid the company’s compliance failures. A Coinbase shareholder filed a derivative lawsuit against several of the crypto exchange’s top executives and board members, alleging they failed in oversight of compliance and disclosures, exposing the company to legal and regulatory fallout. The complaint was filed Tuesday in the US District Court for the District of New Jersey and was brought by shareholder Kevin Meehan on behalf of Coinbase Global. It cites CEO Brian Armstrong, co-founder Fred Ehrsam, and several current and former directors and senior executives, including chief legal officer Paul Grewal and chief financial officer Alesia Haas. According to the filing, the defendants allegedly made false or misleading statements between April 2021, when Coinbase went public through a direct listing, and June 2023. The plaintiff argues that these oversight failures ultimately exposed Coi...
The meeting reportedly happened hours before Donald Trump posted to his social media platform, echoing some of Brian Armstrong's public statements about stablecoin yield. US President Donald Trump reportedly met with Coinbase CEO Brian Armstrong just hours before issuing a statement criticizing banks for holding a market structure bill “hostage.” According to a Tuesday Politico report, Trump met privately with Armstrong after a group of Coinbase representatives went to the White House. The details of the reported meeting were unclear, but the president posted to his Truth Social channel afterwards, that “the US needs to get Market Structure done, ASAP.” “The banks are hitting record profits, and we are not going to allow them to undermine our powerful Crypto Agenda [...],” said Trump in his Tuesday post. Read more
Coming as BTC exchange-traded funds flows turn positive, the moves follow the Wall Street bank's applications with the SEC for Bitcoin, Solana, and Ethereum funds. Financial services giant Morgan Stanley selected Bank of New York (BNY) Mellon, a global financial services company, and crypto exchange Coinbase as custodians for its Bitcoin Trust Exchange-Traded Fund (ETF), according to a filing with the US Securities and Exchange Commission (SEC) on Wednesday. The custodians will hold all of the fund’s Bitcoin (BTC) in cold storage, or offline methods of storing Bitcoin private keys, with a “portion” of the BTC moving to hot wallets connected to the internet at times for creation and redemption purposes, according to the SEC filing for Morgan Stanley Bitcoin Trust. The filing said: Morgan Stanley filed SEC applications for spot BTC and SOL (SOL) ETFs in January. Both funds are passive investment vehicles that hold and track the prices of the underlying crypto assets. Read more
Lawmakers asked if stablecoins could drain bank deposits and threaten financial stability, while Coinbase and Innovate Finance warned that strict regulation risks driving innovation offshore. The United Kingdom House of Lords grilled Coinbase’s top international policy executive on Wednesday over whether stablecoins would drain bank deposits and add new risks to the UK financial system, pressing him on everything from Silicon Valley Bank‑style runs to illicit finance and Know Your Customer (KYC) rules. During the Lords’ stablecoins inquiry, Tom Duff Gordon, Coinbase’s vice president for international policy, insisted that fully reserved, regulated stablecoins were “safer than uninsured bank deposits” because they are backed one‑to‑one by cash and high‑quality government securities and can be redeemed at par. He argued that stablecoins could materially reduce payment costs, speed up cross‑border payments, and underpin new artificial intelligence driven “agentic” payment flows. Read more
The purchases came as geopolitical tensions tied to the US and Israel's conflict with Iran weighed on global markets, pushing major indexes lower. Cathie Wood’s Ark Invest increased its exposure to crypto-related equities, adding shares of Coinbase and Robinhood Markets across several of its exchange-traded funds (ETFs) as broader markets pulled back. The company purchased a combined 22,452 shares of Coinbase across the ARK Innovation ETF (ARKK), ARK Next Generation Internet ETF (ARKW) and ARK Fintech Innovation ETF (ARKF), according to trade notifications for Tuesday. Based on Coinbase’s closing price of $182.36 during the day, the purchase was valued at about $4.1 million. Ark also accumulated 158,587 shares of Robinhood through the same ETFs. With Robinhood closing at $76.07, the transaction was valued at about $12 million. Read more
The GIF ETF combines nine leveraged single-stock strategies into a fund designed to generate weekly income through covered call options. US-based asset manager REX Shares has launched an exchange-traded fund that bundles leveraged covered-call strategies tied to nine individual stocks, including crypto-linked names Coinbase and Strategy, into a single income-focused product trading under the ticker GIF. According to Thursday’s announcement, the fund holds equal-weighted positions in REX’s existing single-stock Growth & Income ETFs, each of which targets about 1.25x exposure to its underlying equity while writing covered calls on a portion of the portfolio to generate option premium income. GIF trades on Cboe Global Markets and each underlying ETF seeks to distribute income on a weekly basis, with payouts largely derived from covered call premiums. Read more
The exchange now allows US customers to trade thousands of stocks and ETFs commission-free alongside crypto, with 24/5 access and instant funding. Coinbase has opened stock and exchange-traded fund trading to all US users, allowing customers to buy and sell equities alongside crypto within the same app on a 24/5 basis. The rollout includes commission-free trading, fractional shares, and instant funding with USD or USDC. According to a company post on Tuesday, thousands of stocks are available to trade 24 hours a day, five days a week, with approximately 6,000 securities currently supported and plans to expand that number in the coming weeks. Coinbase said it aims to introduce stock perpetual futures for non-US users through Coinbase Bermuda Ltd., subject to regulatory approval, and said it intends to offer tokenized equities in the future. Read more
The UK-listed Bitcoin treasury company says the facility will bridge equity settlements, enabling faster Bitcoin purchases during volatile markets. United Kingdom-listed Bitcoin treasury firm The Smarter Web Company has secured a $30 million Bitcoin-backed credit facility from Coinbase Credit. The facility is secured against Bitcoin held in custody with Coinbase. The company said Tuesday the facility is designed to help it deploy capital into Bitcoin (BTC) immediately after equity raises, reducing settlement timing risk during volatile markets. Smarter Web said it does not intend to use the facility as long-term debt to finance Bitcoin purchases. Smarter Web is listed on the London Stock Exchange’s Main Market and also trades on the OTCQB Venture Market in the United States. The company describes Bitcoin as a core component of its treasury strategy and has previously said it aims to expand its digital asset holdings. Read more