Longstanding sagas in crypto saw major plot development and even a conclusion or two in this week’s newsletter. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note One day in the not-so-distant future, the curious experience of episodic television with its week-by-week gaps…
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However, the exchange also claimed the identification of the Bitcoin creator could cause the crypto market to deteriorate. United States-based cryptocurrency exchange Coinbase named Bitcoin creator Satoshi Nakamoto in its recent filing with the Securities and Exchange Commission for a direct listing on the stock market. According to the SEC filing, Coinbase sent copies of…
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The company has benefited a lot from the 2020 market but had lost money in 2019. As Coinbase plans to pursue a direct listing on the stock market, which would see its existing shares be traded on United States stock exchanges, the exchange has submitted an S-1 report to the Securities and Exchange Commissio, which…
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The Securities and Exchange Board of India may force promoters of initial public offerings to ditch crypto. In what seems to be another anti-crypto move by regulators in India, IPO promoters may soon be forced to sell their crypto holdings before being allowed to participate in raising funds. According to a report by the Economic…
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An IPO is reportedly off the cards for now as Robinhood continues to deal with the fallout from the GameStop saga, and the resultant plunge in public confidence. Trading app Robinhood may have put its plans for an initial public offering on hold after public opinion turned against the company in the wake of its…
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Bison Trails, a leading blockchain infrastructure platform, has been acquired by the San Franciso-based exchange. Coinbase, the U.S.-based cryptocurrency exchange, has made another strategic acquisition — this time in the critical field of blockchain infrastructure. The company announced Tuesday that it had acquired Bison Trails, a fully managed blockchain infrastructure provider, in a deal that…
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eToro has ambitions to join Coinbase as a public company as the social trading platform looks to a 2021 IPO. Trading platform eToro reportedly could go public in 2021. Sources told Cointelegraph that eToro has been working with the London Stock Exchange’s “Elite” program to prepare for an initial public offering. “EToro does not comment on…
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“It is a massive event,” and not only in the U.S. but in Europe too, as it will show markets how to value crypto firms. In some ways, the Coinbase exchange is the poster child for the crypto industry. It has embraced — not fought — regulation, which sets it apart from most cryptocurrency exchanges…
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The crypto industry is ending 2020 on a high note, while major social media platforms face a phalanx of lawmakers and lawsuits. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Law Decoded will be going on a break next week for the holidays but…
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Potential listing could provide a valuation anchor, not only for future crypto IPOs but also for crypto-native exchange tokens. Following cryptocurrency exchange Coinbase filing a draft registration for a public offering with the United States Securities and Exchange Commission yesterday, research company Messari has valued the company at $28 billion. Messari’s model examined the company’s…
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