Coinbase | Crypto

Ark Invest sold shares of Bitmine, Robinhood, Bullish, and Block during Wednesday's pullback in crypto equities, while continuing to add to Coinbase and Circle.

Analysts cut Coinbase Q2 estimates amid a crypto trading slump, but bulls point to Deribit, Base, and subscription revenue as proof the trough is near. The post Coinbase Q2 Earnings Preview: Guidance and Diversification in Focus appeared first on Cryptonews.

Wall Street expects a sluggish second quarter from Coinbase as crypto trading activity cools, putting all eyes on and pending U.S. crypto legislation.

Coinbase CEO Brian Armstrong says AI agents will expand crypto adoption, pointing to Base, USDC and x402 as key pieces of agentic finance. Coinbase CEO Brian Armstrong is pushing back against calls for crypto to pivot to artificial intelligence, arguing AI agents will instead stoke demand for crypto-based financial services. Armstrong took to X on Sunday to tout agentic finance (AiFi), highlighting Coinbase’s Base network, USDC and x402 as the infrastructure for autonomous machine-to-machine payments. “AI being a megatrend takes nothing away from crypto,” Armstrong wrote, because AI agents will need programmable money rather than traditional banking rails. “If anything, it makes crypto more important,” he added. Read more

The exchange also introduced AI trading tools and a developer kit as part of a broader push to build financial infrastructure for autonomous AI agents. Coinbase is expanding its push into AI-powered finance, enabling businesses to accept USDC payments from autonomous AI agents as part of a broader expansion of its payment, trading and developer tools. According to a Thursday X post, Coinbase Business users will be able to accept USDC (USDC) payments from AI agents through the x402 payment standard, which Coinbase first introduced in May 2025 to enable stablecoin payments over HTTP for AI agents, applications and APIs. The post also announced AI trading tools that let users monitor orders, access live market data, and execute actions based on predefined conditions, as well as a software development kit for developers building agent-powered applications. Read more

BlackRock, Coinbase and Strategy are backing a $15 million effort to prepare Bitcoin against future quantum-computing attacks. The companies are among nine founding members of the Bitcoin Security Consortium, announced July 23 to support developers and researchers working on the network’s long-term security. The consortium also includes Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital […] The post $460 billion Bitcoin risk draws BlackRock, Coinbase and Strategy into $15M quantum defense mission appeared first on CryptoSlate.

Bloomberg ETF analyst James Seyffart argued that the CLARITY Act should carry virtually no direct effect on Bitcoin's price. In his view, Bitcoin already holds the infrastructure the bill is trying to build for the rest of the industry: commodity treatment, regulated futures, spot ETF access, and institutional custody. That claim sits inside a wider […] The post Bitcoin rose 2% on CLARITY progress while Coinbase, Circle jumped over 8% – but why? appeared first on CryptoSlate.

Coinbase plans to expand its Singapore office from 150 to about 200 employees by the end of 2026 as it expands its presence in the Lion City. Cryptocurrency exchange Coinbase reportedly plans to expand its presence in Singapore and grow its headcount from 150 to about 200 staff members by the end of 2026.  The cryptocurrency exchange is mainly looking to hire more engineers, customer service, relationship management staff and institutional sales representatives for its Singapore office, which opened at One Raffles Quay on Wednesday, Hassan Ahmed, Coinbase’s country director for Singapore, told the Business Times in an interview. Ahmed said that Singapore is increasingly becoming a strategic hub for cryptocurrency innovation. Coinbase received a major payment institution license from the Monetary Authority of Singapore (MAS), the city-state’s central bank, in October 2023, enabling it to expand its services to Singaporean individuals and institutions. Read more

The settlement follows a watchdog report last year that blamed “avoidable errors” for the loss of nearly a year’s worth of Gary Gensler’s text messages. The US Securities and Exchange Commission agreed to pay $150,000 in legal fees to settle a Coinbase lawsuit seeking internal records from the agency at the height of the Biden-era SEC crackdown on crypto.  The agreement, filed on Wednesday, ends a two-year lawsuit between the SEC and Coinbase, in which the crypto exchange sought internal documents from the regulator to uncover evidence of “crypto by enforcement.” An internal report in 2025 revealed the SEC had deleted nearly a year of former SEC Chair Gary Gensler’s texts due to “avoidable” errors.  “The agency tasked with policing corporate record-keeping somehow lost reams of its own text messages between Mr. Gensler and other officials during the most intense period of the anti-crypto campaign,” said Coinbase chief legal officer Paul Grewal in an op-ed published by the Wall Street Journal on Wednesday, add...

Retail users in Vietnam who trade on offshore crypto exchanges like Binance or OKX face heavy penalties. Network School controversy in Malaysia over Israeli citizen ban. Vietnam will fine retail crypto users up to $1900 if they trade on unlicensed overseas platforms such as Binance, OKX and Bybit, instead of on licensed local exchanges. There’s just one problem: Vietnam’s Finance Ministry has yet to issue any exchange licenses for its regulated digital asset market which is due to start on September 1. Five exchanges have been approved in principle however. Domestic investors who trade crypto that’s been designated exclusively for foreign investors can be fined up to $3800. Crypto companies providing or advertising services without a license, those who fail to properly ID customers, or unlawfully deal with crypto account data, can be fined up to $7600. Balaji Srinivasan’s utopian Network School in Forest City, Malaysia is under fire over allegations it has been hosting Israeli citizens using second passports....

Coinbase vice chair Ryan VanGrack said that Democratic lawmakers had added provisions on customer protection to a digital asset market structure bill under consideration in the US Senate. As lawmakers in the US Senate are likely to vote soon on the Digital Asset Market Clarity (CLARITY) Act, representatives from advocacy organizations and companies are providing details of closed-door negotiations over the bill, which is expected to be the most comprehensive piece of legislation affecting the crypto industry. In a Monday CNBC interview, Coinbase vice chair Ryan VanGrack said while the final negotiations over text of the CLARITY Act were taking place in the Senate, Democratic lawmakers had added additional protections for customers to give what he called “more teeth” to the legislation. He did not explicitly mention any progress on adding ethics provisions to the bill, which many Democrats said will be necessary for their votes.  “[A]t the end of the day, this is about customer protections,” said VanGrack. “Th...

Coinbase is reshaping its Ethereum layer-2 network, Base, around trading, payments and tokenized assets as Robinhood’s new blockchain rapidly gains users and liquidity in many of the same markets. On July 15, Base creator Jesse Pollak acknowledged that the network’s earlier emphasis on social products had allowed it to lose ground in several of crypto’s […] The post Robinhood tackled Coinbase head-on then immediately inherited Base’s biggest problem appeared first on CryptoSlate.

The transfer highlights unresolved custody rules, while the public evidence identifies a deposit rather than a government sale. The post US government sends $288M to Coinbase putting Bitcoin reserve rules into question appeared first on CryptoSlate.

Coinbase’s Rob Witoff said the company is leaning more on AI to help with execution, but still needs high-agency humans for judgment and strategy. Artificial intelligence now helps write more than 95% of Coinbase’s code, offering new insight into the crypto exchange’s AI strategy following its decision to cut 14% of its workforce earlier this year.  Coinbase cut 700 staff in May. In an email to employees, Coinbase CEO Brian Armstrong said AI has “dramatically” changed the pace of work and there was a need to “return to the speed and focus of our startup founding, with AI at our core.”  “Effectively, 100% of our employees are using AI on a daily basis here,” Coinbase’s head of platform, Rob Witoff, told Cointelegraph. “And close to 100% of our code, probably somewhere between 95% and 100%, is written by or with LLMs today.” Read more

The soon-to-be former chief legal officer did not announce the details of his next move but said that he would continue working with the Board of Coinbase National Trust Company. Paul Grewal, who has served as Coinbase’s chief legal officer since 2020, announced that he would transition to an advisory role at the exchange starting on July 31. In a Thursday X thread and LinkedIn post, Grewal said Coinbase’s legal vice presidents Molly Abraham and Ryan VanGrack would step into new roles as general counsel and vice chair, respectively, following his departure at the end of the month. Abraham said that she would “take the helm” at the exchange’s legal team. Source: Paul Grewal Read more

Coinbase said its UK investment services authorization will allow institutional and advanced traders to access derivatives, while retail users will be able to trade equities. Coinbase announced it secured a United Kingdom investment services license, allowing the platform to expand its local offering beyond spot trading and into products like equities and derivatives.  On Tuesday, Coinbase said the authorization would enable UK users to trade financial instruments alongside crypto on its platform. Institutional and advanced traders would gain access to perpetual futures tied to crypto, equities and commodities, while retail would be able to access equities.  The company said the approval marks its largest UK product expansion since entering the market and advances its vision of an “everything exchange” that combines crypto and traditional financial assets under a single platform. Coinbase said future rollouts would remain subject to regulatory permissions and UK market rules. Read more

The stablecoin market has long rewarded the companies that issue digital dollars. They take in customer cash, hold reserves in short-term government securities, and earn the yield. Now, the companies that distribute those tokens want more of the economics. That tension is at the center of Open USD (OUSD), a planned stablecoin backed by more […] The post Coinbase helped build USDC – Why is it now backing the stablecoin trying to replace it, Open USD? appeared first on CryptoSlate.

The forthcoming Open USD has more than 100 major supporters onboard, including Coinbase—a key backer of Circle’s USDC.

Spiko integrated Coinbase Payments into two EU regulated UCITS Treasury funds, enabling USDC and EURC subscriptions and redemption payments through Base. Investment firm Spiko has integrated Coinbase’s stablecoin payment infrastructure into two regulated EU Treasury-bill funds, allowing eligible investors to fund subscriptions and receive redemption proceeds using USDC and EURC.  Coinbase said Tuesday the integration covers Spiko’s EU T-Bills Money Market Fund and US T-Bills Money Market Fund. Both are structured as Undertakings for Collective Investment in Transferable Securities, or UCITS. Coinbase Payments will provide the payment, wallet and application programming interface (API) infrastructure, with the transactions settling on Base, Coinbase’s layer-2 network.  The exchange said the products are the first UCITS funds in Europe to accept direct stablecoin payments. Read more

Data shows Coinbase is trading near the lower end of its yearly range, far from the momentum levels seen at PARC's launch.