Read Coinbase news, including earnings, legal cases, product launches, listings, policy advocacy, and exchange market developments.
SEC Chair Gary Gensler recently reiterated his stance that most crypto tokens are securities under the law during a TV interview.
The long-term implications of the SEC's strict oversight and the sustainability of Coinbase's current advantage remain uncertain.
Crypto phishing incidents on 'X' drive April's record low theft totals.
The Coinbase users who filed the lawsuit are seeking rescission, statutory damages under state law, and injunctive relief.
A significant component of the revenues was a $650 million mark-to-market gain on digital assets held for investment, following new accounting standards adopted by the company.
The firm held less than 2% of the crypto exchange's outstanding shares in December 2023.
The Mango Markets manipulator was sentenced for commodities fraud not securities fraud adding complexity to US regulatory landscape.
The FinCEN recognition comes amid the backdrop of an SEC lawsuit against the exchange over alleged securities violations.
A date-related error means that the case must resume even though a past dismissal largely favored Coinbase.
