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Bitcoin traders often treat old-coin movement as a sign that long-term holders are waking up. Coinbase’s $69.5 billion BTC migration suggests that signal may be less reliable than it looks.
Amid regulatory challenges, crypto leaders funnel millions into political support for a pro-tech future.
Coinbase's chief legal officer, Paul Grewal, said the Commission's refusal amounted to an 'abdication of its duty.'
Coinbase is a publicly listed digital asset platform that operates one of the largest regulated crypto exchanges in the United States.
