Coinbase to pay fine to New York regulators for inadequate KYC checks

American crypto exchange Coinbase will have to pour in $100 million in its settlement with the New York regulator The crypto exchange will have to pay a fine of $50 million to New York State DeThe post Coinbase to pay fine to New York regulators for inadequate KYC checks appeared first on AMBCrypto.

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Coinbase CEO: Regulate centralized actors but leave DeFi alone

Armstrong said that because centralized exchanges and custodians have the most risk of causing consumer harm, regulators must focus there first and foremost.

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Unclear regulations drove 95% of trading activity offshore: Coinbase CEO

The U.S. regulators are currently investigating FTX.US, Coinbase and Binance in the wake of the collapse of the FTX global crypto exchange.

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Coinbase expands to Australia with focus on institutions in ‘months to come’

With an expanded Australian offering, Coinbase’s VP of international and business development said the exchange faced “tough questions” from regulators and policymakers about its services.

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Coinbase plans to cut costs and is engaged with regulators, says the CEO

Coinbase has been negatively affected by the ongoing bear market, and the exchange plans… The post Coinbase plans to cut costs and is engaged with regulators, says the CEO appeared first on CoinJournal.

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We’d shut down Ethereum staking if threatened by regulators, says Coinbase’s CEO

Coinbase’s CEO says the crypto exchange will abandon Ethereum staking if threatened by regulatory… The post We’d shut down Ethereum staking if threatened by regulators, says Coinbase’s CEO appeared first on CoinJournal.

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Coinbase will shut down staking service if regulators mandate censoring transactions

Coinbase CEO Brian Armstrong said on August 17 that the firm would shut down its staking services if regulators wanted it to censor transactions as a validator. The post Coinbase will shut down staking service if regulators mandate censoring transactions appeared first on CryptoSlate.

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Coinbase Exchange Faces SEC Probe Over Crypto Yield, Staking Products

The crypto exchange disclosed it received an "investigative subpoena" from U.S. securities regulators.

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Coinbase, Kraken Under Investigation By U.S. Regulators: Report

The two cryptocurrency exchanges are under increased U.S. scrutiny for allegedly listing unregistered securities and evading sanctions, respectively.

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Coinbase Gets Regulatory Nod to Extend Crypto Services in Italy

In a bid to expand in Europe, Coinbase announced that it received a 'key milestone' in that journey by securing approval from the Italian regulators. The post Coinbase Gets Regulatory Nod to Extend Crypto Services in Italy appeared first on BeInCrypto.

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Coinbase secures approval from financial regulators in Italy

Coinbase can keep serving Italian customers after securing approval from Italian financial regulators, CoinDesk… The post Coinbase secures approval from financial regulators in Italy appeared first on CoinJournal.

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Coinbase Secures Regulatory Approval in Italy

Cryptocurrency exchange Coinbase has secured approval from Italian regulators to continue serving customers in Italy.

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Laid-Off Workers May Find Home With Wall Street Regulator; Coinbase Still Eying India Expansion

The crypto winter is one of the hardest times with thousands of jobs lost as firms brace themselves for the long night. For those with terminated contracts, there’s a chance to switch sides and become regulators in the industry that they once worked in.

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Crypto will be handled by multiple regulators, says Coinbase CEO

The crypto space in the United States remains largely unregulated at the moment. Brain… The post Crypto will be handled by multiple regulators, says Coinbase CEO appeared first on Coin Journal.

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Coinbase Halts Buy Option After Indian Regulators Decline Payments Services

The Nasdaq-listed exchange launched trading services in India on April 7. It had claimed support for retail payments and settlement system UPI. NPCI that runs UPI said it doesn’t offer services to any crypto exchange.

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Coinbase suspends crypto payment services days after India launch

America’s largest exchange suspended some payment services on its newly launched Indian exchange due to pressure from the local payment regulators.

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How Coinbase Attempts To Stop An Increase In Surveillance From EU Regulators

Leading crypto exchange Coinbase has asked for support as it attempts to stop an upscale in surveillance and a potentially harmful change in regulation for Europe-based users. In a vote expected to take place on Thursday, March 31, the EU parliament will approve or denied a change to their Transfer of Funds Regulation. Related Reading […]

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Coinbase President Urges ‘Even Playing Field’ for Crypto Regulations

Coinbase President, Emilie Choi, urged regulators for an “even playing field” for crypto regulations in the financial world. The post Coinbase President Urges ‘Even Playing Field’ for Crypto Regulations appeared first on BeInCrypto.

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Coinbase Shades Binance in Controversial Tweet

Coinbase took a dig at Binance's predicament with regulators in a recent tweet

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‘We Like Partnering With Regulators,’ Says Coinbase CFO

Alesia Haas, chief financial officer at Coinbase, appeared on CNBC’s Mad Money last night to discuss a range of issues with host Jim Cramer. The post ‘We Like Partnering With Regulators,’ Says Coinbase CFO appeared first on BeInCrypto.

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Binance Faces Global Regulatory Pressure Over Tesla And Coinbase Tokenized Securities

European and Hong Kong regulators are taking a closer look at the new trading in stock tokens offered by the Binance exchange. The regulators are keen to determine whether the offered tokenized securities pertain to securities, which would mean the crypto exchange must have a license to offer the tokens.

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European Regulators Eyeing Binance Over Stock Tokens

Last week, Binance began offering stock tokens, which are worth the equivalent amount of a company’s equity shares. Initially launching with Tesla, Binance now also offers stock tokens for rival crypto exchange Coinbase’s shares.

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Coinbase, Fidelity Form Crypto Advocacy Group to Lobby Regulators

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Coinbase IPO a ‘watershed moment’ for crypto regulation: Caitlin Long

The CEO of pioneering digital bank Avanti Bank & Trust, Caitlin Long, has predicted the upcoming Coinbase IPO will force regulators to provide clarity to the crypto sector.

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Here’s Why Coinbase Exchange IPO is ‘Huge’ News for the Crypto Market

The largest cryptocurrency exchange in the US, Coinbase, announced Thursday that it had filed confidentially with regulators to go public. It did not specify whether the exchange plans to go with an initial public offering (IPO) or other listing routes.

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Cryptocurrency Firms to Benefit from Streamlined Regulatory Process Coming in 48 States

Top financial regulators from 48 States in the US have come together to establish and streamline the process to register and approve crypto and fintech firms. Fintech companies such as PayPal, Western Union, and Cryptocurrency firms like Paxful, Coinbase, and Square will be able to expand faster and more easily in the US. The new […]

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Coinbase CEO: Exchange Won’t List XMR Due to ‘Issue With Regulators’

Brian Armstrong says regulators would be "up in arms" with Monero listed on Coinbase, even as Binance and Kraken offer support for the token.

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Claims of Selling Bitcoin Users’ Data “Are Overblown,” Says Coinbase

Crypto exchange Coinbase is, once again, in hot water over its relationship with regulators. While the exchange is not selling personal user data, there are mounting concerns from customers and... The post Claims of Selling Bitcoin Users’ Data “Are Overblown,” Says Coinbase appeared first on Crypto Briefing.

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Coinbase Obtains Temporary Licensing Exemption from Regulators In Singapore

U. S. crypto exchange giant is among a list of cryptocurrency companies granted temporary licensing exemptions by financial regulators in Singapore. The move is a direct result of the regulatory requirements imposed on virtual currency businesses on account of the country’s Payment Services Act (PSA).

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Former Coinbase Exec Gets Appointed by Steven Mnuchin

The cryptocurrency industry tends to attract a lot of attention from different industries. Brian Brooks, the  most recent Coinbase Chief Legal Officer, has been appointed as one of the US’ top banking regulators.

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Coinbase Receives Patent Approval For An Automated Compliance Enforcer To Curb Illegal Activities

The issue of compliance and proper AML practices within the crypto markets has been a concern for regulators and FinTech stakeholders in this field as well. Coinbase crypto exchange is the latest to patent a technology that can single out ‘bad’ accounts within its ecosystem.

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Coinbase CEO: US Should Reconsider Ridiculous Stance on Libra as Project Partners Jump Ship

Facebook’s ambitious crypto project Libra is running out of steam as it gets hounded by regulators and governments around the world. The social media giant was dealt another blow yesterday when major project partner PayPal announced that it was jumping ship, but the Coinbase boss thinks the US should reconsider its negative stance.

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Bittrex, Coinbase and Kraken Set up Crypto Rating Council

The heavy hand of regulators has been stifling the growth of the cryptocurrency industry in the U. S. and caused innovators to flock abroad. In a bid to mitigate one aspect of this problem, major players have now created a joint system for rating what constitutes a security token.

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Exchanges form Crypto Rating Council, but pre-emptively admit its ratings mean nothing

A set of cryptocurrency firms have banded together to create a “Crypto Rating Council” to help classify digital assets — but it unlikely to mean much. Founded by prominent exchanges like Coinbase, Bittrex, and Kraken, the group aims to rate digital assets from 1 to 5.

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Coinbase, Kraken, Poloniex, and Bittrex Devise Security Token Rating Framework

Major cryptocurrency exchanges have come together to formulate a rating model for cryptocurrencies to justify the listing of a cryptoasset to American regulators, as reported by Wall Street Journal, September 30, 2019.

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Coinbase Brings Stellar Lumens (XLM) to New York State Customers

The New York regulators are by far one of the most scrutinizing regulators for the cryptocurrency space. Coinbase has announced that customers residing in New York can now purchase XLM, along with BTC, ETH, and other assets already available in the state, September 26, 2019.

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Coinbase Ready To K.O. Binance With New IEO Platform

Binance is crossing the Atlantic, but Coinbase is ready for the showdown. The San Francisco-based wallet and exchange provider hopes that strong relationships with U. S. regulators will give their proposed IEO platform a competitive edge over Binance Launchpad, and any other rival.

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Facebook hires two more lobbyists to prepare for the regulatory battle over Libra

After hiring advisory firm FS Vector, along with John Collins (former Head of Policy, Coinbase), social media giant Facebook has appointed two more Libra lobbyists on its payroll to help steer the initiative through the stormy reception the project has received from regulators and legislators.

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Facebook hires lobbying firm to help sweet talk cryptocurrency regulators

Facebook‘s “cryptocurrency” Libra is facing an ever growing mountain of regulatory challenges. It seems it needs a helping hand, as it’s hired a specialist firm to lobby Washington directly. According to registration documents filed earlier this week, Facebook will be represented by Washington, DC-based FS Vector LLC, a firm that specializes in regulatory compliance and public policy.

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Crypto Mom Bemoans 'Regulatory Escape Room' Feel for Crypto

U. S. regulators FINRA and the SEC have put out a joint statement explaining why they have yet to approve applications from crypto exchanges such as Coinbase and Gemini requesting to receive licenses to operate as broker-dealers alongside their custody services.

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Binance US is Finally Launching, Will Co-Exist with Coinbase: CEO Zhao

  By CCN Markets: Binance, the world’s largest crypto exchange by trading volume, is launching in the U. S. with a partnership with BAM Trading Services Inc. as Binance. US. Speaking to CCN in an exclusive interview, Binance CEO Changpeng Zhao explained the motive behind the company’s decision to expand into the U.

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Kik raised $98M with a potentially illegal ICO. Now it wants your money to fight the SEC

Kik, the embattled messaging startup behind the Kin cryptocurrency, is now crowd-sourcing donations to help fund its legal battle with US regulators. The Defend Crypto Fund is said to be tailored specifically to fight the US Securities and Exchange Commission (SEC) “on behalf of the future of crypto in the [United States].

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Coinbase CEO Teases Launch of Debit Card in the U.S.

Coinbase CEO Brian Armstrong has announced that the company is working on introducing its debit card to customers in the U. S. Armstrong’s announcement came in a live AMA session on YouTube on May 16, 2019, during which he fielded questions and touched on various topics such as community trust ratings for altcoins and fraud prevention.

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Breez Wants to Make the Lightning Network More User Friendly

New announcements around Bitcoin’s Lightning Network have been coming almost nonstop lately, with new exchanges, wallets and other services popping up seemingly every day.

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Grim Stories of Ethical, Privacy Abuses Emerge About Coinbase’s New Partners

When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition.

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$8 Billion Coinbase Faces Backlash for Latest Acquisition

Bitcoin exchange giant Coinbase has acquired Chainalysis competitor Neutrino in an effort to enhance its compliance efforts and regulatory relationships. Neutrino uses blockchain analytics to identify potential money laundering or other illegal transactions on the blockchain.

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European Banking Regulators Call for Unity in Crypto Regulations

Last week, two of the largest banking regulators within the European Union released reports calling for uniformity in the regulations of crypto assets and Initial Coin offerings (ICOs) across the continent.

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Coinbase is continuing to explore the addition of new assets

On December 7, a crypto exchange Coinbase announced it continues to explore the addition of new assets. According to the announcement,the company will be working with local banks and regulators to add them in as many jurisdictions as possible.

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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?

Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.

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