Read Coinbase news, including earnings, legal cases, product launches, listings, policy advocacy, and exchange market developments.
Young Americans between the age of 18 and 40 are increasingly turning to crypto amid deep dissatisfaction with the current financial system.
Crypto community members believe that Coinbase's cbBTC will disrupt the market reliance on WBTC.
Crypto community pointed out that the CFTC proposal could affect prediction markets like Polymarket.
The watchdog maintains that it has more than fulfilled its discovery obligations and calls for Coinbase's motion to be denied, labeling it an unjustified and burdensome demand.
The crypto exchange said the allegations were misinformation because it is not a federal contractor.
The exchange's net income for the period was $36 million, compared to a net loss of $97 million in 2023.
Jefferies identified several crypto-related equities that could significantly benefit from these policies, including Coinbase and MicroStrategy.
The three crypto firms will send corporate representatives to the events.
The company seeks to obtain Gensler's communications for its fair notice defense.
