Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
Armstrong stated that even though the US is falling behind in crypto regulations, Coinbase will always have a "US presence."
Zeynep Geylan 2 min read 
Coinbase CEO Brian Armstrong praised United Arab Emirate's (UAE) progressive regulatory efforts in the crypto space.
Binance’s reported Bitcoin outflows caused concerns among crypto community members who were worried about its balance.
Blockchain analytical firm Glassnode reported that Bitcoin was "experiencing extremely high demand for blockspace."
The company and its executive have not been charged with wrongdoing.
Binance warned that Pepe insiders bought 7% of its total supply, adding that it has no token utility or value support mechanism.
The company commented on its downsizing and said it aims to "do more for less."
The Court informed Coinbase that it can issue a reply to the SEC's response within seven days after it is filed.
The feature that allowed users to take out loans of up to $1 million against 40% of their Bitcoin holdings will be scrapped from May 10.
