Coinbase | Crypto

Coinbase, the largest US-based exchange, has taken a major step in its global expansion by securing approval under the European Union’s Markets in Crypto-Assets (MiCA) regulation, according to a June 20 statement. The exchange confirmed that Luxembourg’s financial watchdog, the Commission de Surveillance du Secteur Financier (CSSF), granted it the necessary license to operate across the […] The post Coinbase secures MiCA approval, shifts headquarters to Luxembourg appeared first on CryptoSlate.

Coinbase joins other exchanges such as OKX and Bybit that have secured MiCA licenses in a bid to take advantage of regulatory clarity in Europe. Coinbase has secured a Markets in Crypto-Assets (MiCA) license from the Luxembourg Commission de Surveillance du Secteur Financier, which enables the exchange to offer crypto products across European Union countries. The move signals mounting competition in the European crypto market, where other exchanges have also been pursuing registrations. OKX and Crypto.com secured MiCA licenses in January, followed by Bybit in May. Gemini is also on track to obtain a license in the region, according to a Reuters report. Coinbase has named Luxembourg as its new European headquarters, citing the country’s reputation as a progressive financial center in Western Europe. Bordered by Belgium, France and Germany, the country has been gradually advancing crypto regulations since 2019. Read more

Coinbase officially launched Coinbase Payments on June 18, a three-layer platform that enables commerce providers to add USDC checkout without running their blockchain infrastructure. The stack begins with Stablecoin Checkout, a wallet-native interface that supports hundreds of wallets, delivers gas-free transactions, and records payments in USDC.  Beneath it, an E-commerce Engine exposes application programming interfaces […] The post Coinbase launches stablecoin payment stack with USDC checkout targeting commerce giants appeared first on CryptoSlate.

Coinbase and Circle are soaring after a key stablecoin bill cleared the Senate—but Fed rate cuts could test their biggest revenue stream.

Coinbase is seeking permission from the U.S. Securities and Exchange Commission (SEC) to launch blockchain-based equities, Reuters reported on June 17, citing the exchange’s chief legal officer, Paul Grewal. The plan would enable Coinbase to offer digital tokens that represent ownership in publicly listed companies, effectively merging traditional equity markets with blockchain infrastructure. If greenlit, […] The post Coinbase seeking SEC approval to offer blockchain-based equities appeared first on CryptoSlate.

If approved by the US regulator, the investment offering could have Coinbase competing against other stock trading platforms. Cryptocurrency exchange Coinbase is reportedly looking for the green light from US financial regulators to offer tokenized stock trading to its users. According to a Tuesday Reuters report, Coinbase's chief legal officer, Paul Grewal, said the company was seeking Securities and Exchange Commission (SEC) approval to offer “tokenized equities,” potentially competing with other trading platforms like Robinhood. Grewal reportedly said the plan was a “huge priority” for Coinbase. As of June, tokenized equities such as stocks are not available for trading in the US. However, US-based digital assets companies have been able to offer similar services to non-residents through partnerships. Crypto exchange Kraken announced a plan to launch tokenized US stock trading in May. Read more

US President Donald Trump promoted a 250th anniversary celebration of the Army that coincided with his birthday, leading to a sharp divide in how many Americans spent June 14. Update (June 16 at 10:13 pm UTC): This article has been updated to include more information on Coinbase’s financial contribution. Coinbase is facing backlash from crypto users after sponsoring the 250th anniversary celebration of the US Army in Washington, D.C. In a June 16 X post, Adam Cochran, a partner at venture capital firm Cinneamhain Venture, said he would be exiting his positions at Coinbase — stocks, bonds, and moving crypto assets — following the exchange’s sponsorship of the military parade. Read more

Crypto exchanges Coinbase and Gemini are close to securing regulatory approvals granting them access to operate across the EU, Reuters reported on June 16, citing people familiar with the matter. According to the report, the expectation has intensified tensions among national regulators over the speed and oversight of new licensing under the bloc’s landmark crypto […] The post Gemini, Coinbase near EU licenses as regulators clash over rapid approvals appeared first on CryptoSlate.

Gemini is set to receive approval from Malta, while Coinbase is expected to get the green light from Luxembourg, according to Reuters. Crypto exchanges Gemini and Coinbase are reportedly set to secure licenses to operate in the European Union, marking a significant step in their expansion under the newly implemented Markets in Crypto-Assets (MiCA) regulations. Gemini is on track to receive approval from Malta, while Coinbase is expected to obtain its license through Luxembourg, Reuters reported Monday, citing unnamed sources familiar with the matter. A Coinbase spokesperson declined to comment on the specific application but told Reuters that Luxembourg is a “well-respected global financial center.” Read more

Major crypto exchanges Gemini and Coinbase near EU-wide licenses, sparking regulatory concerns about standards and "race to the bottom."

Coinbase’s sponsorship of the military parade in Washington, D.C., on June 14 has sparked a debate about whether crypto has lost sight of its original ethos. The parade, which was held to commemorate the U.S. Army’s 250th birthday, took place amid the country-wide ‘No Kings’ protests. The protestors voiced their opposition to President Donald Trump’s […] The post Coinbase’s sponsorship of Trump’s military parade sparks debate over crypto’s anti-establishment roots appeared first on CryptoSlate.

Fiat-pegged assets or stablecoins are the future of money, according to a recent report by American crypto exchange Coinbase. 

David Plouffe previously worked as an adviser for Alchemy Pay, Binance, former President Barack Obama's and former Vice President Kamala Harris’ presidential campaigns. David Plouffe, who worked as an adviser on former US Vice President Kamala Harris’ 2024 presidential campaign, will be joining Coinbase’s Global Advisory Council. In a Thursday notice, Coinbase said Plouffe would join former lawmakers, industry leaders, and others on the company’s advisory council, seemingly to advise the exchange on policies moving forward in the US and abroad, as well as its role in future elections. The appointment of Plouffe to the council marked one of his first roles in crypto and policy since leaving Harris’ campaign. “It’s important to understand that someone who holds crypto or stablecoin, that might not be the most important issue to them voting,” Plouffe said at Coinbase’s State of Crypto Summit, adding:  Read more

Coinbase announced a Bitcoin-backed credit card and CFTC-compliant perpetual futures for US customers. The exchange made the revelation during its annual State of Crypto Summit on June 12. Perpetual futures for US traders Max Branzburg, head of consumer and business products, said Coinbase will soon list perpetual futures contracts for domestic users under the Commodity […] The post Coinbase to launch CFTC-cleared perpetual futures trading, Bitcoin-backed credit card for US customers appeared first on CryptoSlate.

The US president has spoken in person at the Bitcoin 2024 conference in Nashville and released a video message for the Digital Asset Summit in New York City. US President Donald Trump released a prerecorded message for attendees of Coinbase’s State of Crypto Summit as Congress considers legislation to regulate payment stablecoins and establish a digital asset market structure framework. In his second message directly addressing a crypto conference since becoming president in January, Trump said he was “not done” implementing crypto policies in the US government. These, according to the president, have included efforts through executive orders to establish a national Bitcoin (BTC) reserve, creating a working group on digital assets and nominating Paul Atkins to chair the Securities and Exchange Commission (SEC). “My administration is working with Congress to pass the GENIUS Act supporting the creation of dollar-backed stablecoins, and we also will be working to create clear and simple market frameworks that wi...

BiT Global, a crypto custody firm tied to entrepreneur Justin Sun, has voluntarily dismissed its lawsuit against Coinbase over the delisting of Wrapped Bitcoin (WBTC). The move ends a months-long legal dispute that spotlighted growing tensions between centralized exchanges and token custodians as control over key infrastructure becomes increasingly contested. Filed on June 6 in […] The post BiT Global drops Coinbase lawsuit over wrapped Bitcoin delisting appeared first on CryptoSlate.

Coinbase and BiT Global have reached a settlement in their legal dispute over the delisting of BiT Global’s wrapped bitcoin (wBTC) token from the exchange. The post Coinbase, BiT Global Settle Legal Fight Over wBTC Delisting appeared first on Cryptonews.

Brian Armstrong, CEO of Coinbase, said in an X post on Friday that the platform has reduced the issue of unnecessary account freezes and restrictions by 82% so far. Noting that unnecessary account freezing has been a “major issue” for Coinbase users “for longer than is acceptable,” he wrote: “I could list a bunch of […] The post Coinbase CEO says unnecessary account restrictions has reduced by 82% appeared first on CryptoSlate.

BiT Global agreed to dismiss its lawsuit against Coinbase, with each party covering its own legal expenses.

Trump-Elon feud Erupts, Crypto falls, Coinbase to list Fartcoin FOMO HOUR EP373 FOMO HOUR brings you the biggest daily news, updates and events from inside and outside of the crypto and macro spheres! Join hosts Farokh, Mando and Tyler as they cover some of the biggest topics at present with some of the biggest names in the ecosystem. Streaming live 5 days per week, Monday to Friday 10:00 AM EST to 11:00 AM EST on YouTube and X. Crypto drops then rebounds after Trump-Elon feud. DOGE, ADA & ETH lead decline in top 20 coins. Circle stock spikes 200% post IPO, trading halted. Strategy increases preferred stock issuance to $1bn. Metaplanet to issue $5.4b equity to buy BTC. Trump earned $1bn from crypto in last 9 months. Trump Media to raise up to $12bn to buy BTC. Robinhood flips Coinbase in market cap. Truth Social BTC, ETH ETF registered in Nevada. Uber evaluates accepting stablecoins for payments. CoinFlip exploring $1bn sales. Tether invests in Shiga Digital. Singapore to remove unlicensed blockchain firms. E...