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Paul Grewal believes Congress could close the regulatory vacuum by passing legislations for the crypto industry.
Oluwapelumi Adejumo 2 min read
The move mirrors the other applications filed by Cboe Global Markets on behalf of global asset manager Fidelity and ARK Investments, which also chose to list Coinbase as their SSA partner.
Spot trading activities on exchanges have dropped to their lowest level since 2020.
The SEC vs. Coinbase pretrial conference will now be heard on July 13, instead of the initially scheduled August 24 date.
Projects in the liquid staking sector have considerably struggled in the last 24 hours despite the milestone.
Coinbase said the SEC made an about-face with its approach to the crypto industry.
Stellar's strong price performance sees it lead the top 100 coins.
Since the Shanghai upgrade — which enabled withdrawal of staked ETH in April — centralized exchanges' ETH balances have been on the decline.
CEO Jaime Leverton says the credit facility provides the firm with "additional financial flexibility."