Coinbase reportedly plans to continue its “elevated policy spend” through the U.S. presidential election and beyond. Beyond the U.S. election, the cryptocurrency exchange will continue its policy spend as it faces issues in other parts of the world, Coinbase Chief Financial Officer Alesia Haas said Wednesday...
Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. But on Thursday (Aug. 8), news broke that Pennsylvania-based Customers Bank, one of the only crypto-friendly banks in the U.S., was served with a 13-page regulatory enforcement action by the...
One of the longest running legal cases impacting crypto’s regulatory future is potentially nearing resolution. The case, between cryptocurrency company Ripple Labs and the U.S. Securities and Exchange Commission (SEC), centers around whether Ripple’s XRP token is a security and has gone through several iterations since its 2020...
Traditional financial operations are centralized, regulated and audited. Blockchain technology and cryptocurrencies are, well, pretty much the opposite, relying instead on cryptographic algorithms and decentralized consensus mechanisms to secure transactions. But despite the sector’s troubled youth, as the blockchain and digital asset space matures, major...
August 12, 2024
Despite the decentralized nature of cryptocurrencies and other digital assets, Web3 businesses need banking partners. But on Thursday (Aug. 8), news broke that Pennsylvania-based Customers Bank, one of the only crypto-friendly banks in the U.S., was served with a 13-page regulatory enforcement action by the Federal Reserve related to its digital asset and dollar token […]
August 09, 2024
One of the longest running legal cases impacting crypto’s regulatory future is potentially nearing resolution. The case, between cryptocurrency company Ripple Labs and the U.S. Securities and Exchange Commission (SEC), centers around whether...
October 06, 2024
Coinbase is preparing to delist stablecoins that don’t adhere to European regulations by year’s end. The move, as reported Friday (Oct. 4) by Bloomberg News, comes as the European Union’s Markets in Crypto-Assets Regulation (MiCA) is introducing tougher oversight of cryptocurrency companies. “Given our commitment to compliance, we intend to restrict the provision of services […]
September 04, 2024
Coinbase reportedly plans to continue its “elevated policy spend” through the U.S. presidential election and beyond. Beyond the U.S. election, the cryptocurrency exchange will continue its policy spend as it...
May 10, 2024
A bill that promises regulatory clarity for digital assets has moved a step closer to a vote in the U.S. House. The House Committee on Rules said Friday (May 10) that it...
March 12, 2024
Nigeria is still reportedly holding two Binance executives as it deals with a currency crisis. As The Wall Street Journal reported Tuesday (March 11), the detentions are happening as Africa’s largest economy is blaming...