US Senate passed the “GENIUS Act” (68-30) to create a regulatory framework for stablecoins. The bill requires stablecoins to be backed by liquid assets and issuers to disclose reserves monthly. This is a major milestone […]
Bybit opens European HQ in Vienna after securing Austria’s MiCA license. The MiCA license allows Bybit to serve all 29 European Economic Area countries. Bybit plans 100+ hires and collaboration with local universities in Vienna. […]
The US government on Thursday imposed sanctions on Funnull Technology Inc. Tools provided by Funnull made it easier for fraud networks to switch domains and evade detection. Under the sanctions, all US-based assets or […]
Stock slips 6% after report on federal investigation. The regulatory scrutiny comes as Coinbase deals with the aftermath of a cybersecurity breach disclosed earlier in the day. Hackers reportedly stole customer data and are […]
Coinbase CEO is “optimistic” about Senate passing stablecoin legislation soon, despite recent setbacks. A key Senate vote on the bill failed last week due to Democratic concerns, including potential benefits for Trump. Coinbase is set […]
This regulatory milestone enables the platform to continue offering crypto asset products and services across the country. The company is working toward getting its registration as an investment dealer and membership with the Canadian […]
A bipartisan stablecoin bill (GENIUS Act) faces Senate roadblocks due to Democratic concerns over Trump’s crypto ties. Democrats cite Trump’s memecoin, stablecoin involvement, and potential Binance stake as raising conflict-of-interest issues. Nine Senate Democrats (including […]
The crypto exchange urged the Court to reconsider the “third-party doctrine” as it applies to digital financial data. While Coinbase is not a direct party to the case, the company has a vested interest […]
Coinbase has announced it will delist MOVE amid a $38M token dump controversy. MOVE price has hit a record low, down 84% from the December 2024 peak. Movevent Labs co-founder Rushi Manche has been suspended […]
European Insurance and Occupational Pensions Authority (EIOPA) proposes 100% capital reserves for insurers’ crypto holdings. As of late 2023, European insurers weren’t heavily invested in cryptocurrencies. They held a tiny 0.0068% of the industry’s overall […]
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