Coinbase Custody and Bison Trails have joined the Proof of Stake Alliance, an organization lobbying for better tax and regulatory treatment of staking rewards. Coinbase Custody and Bison Trails have joined the ranks of the Proof of Stake Alliance (POSA), a Jan. 30 press release announced. Together with the alliance, they will advocate for the…
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Major United States-based cryptocurrency exchange Coinbase established a second Irish firm to expand its crypto custody services to European institutions. Major United States-based cryptocurrency exchange Coinbase has established an entity in Ireland to expand its crypto custody services to European institutions. According to a Coinbase announcement published on Jan. 30, the new entity is called…
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BCB Group, a British crypto firm that provides services to exchanges like Coinbase and Bitstamp, is now officially approved by U.K. financial watchdog, the FCA. BCB Group, a European crypto-focused payment processor for the likes of major global crypto firms like Coinbase, has secured a license from British regulators. The United Kingdom’s Financial Conduct Authority…
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Coinbase hires former Google Shopping Vice President of Product Surojit Chatterjee as its new chief product officer. Former Google executive Surojit Chatterjee has joined Coinbase as the company’s new chief product officer. Before joining Coinbase, Chatterjee worked as a Google’s vice president of product, tallying 11 years at the internet company, Coinbase CEO Brian Armstrong…
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Two executives at Coinbase and Ripple are leading a drive for smart regulations and transparency in the crypto-sphere, which would drive mainstream adoption. Two executives at Coinbase and Ripple are leading a push for smart regulations and transparency in the crypto-sphere that would arguably drive adoption and take blockchain technology mainstream. Market integrity must improve…
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Coinbase is by far the biggest exchange hoarder of Bitcoin, with second place Binance having holdings totaling only around 250,000 coins. United States cryptocurrency exchange Coinbase will soon hold a million Bitcoins (BTC) in its cold wallets in a controversial first for the industry. According to data from news and information resource Longhash released on…
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Modern crypto exchanges often have audited financials, chief compliance officers, and seek out regulators without hesitation. Will insurance be the next step? If the crypto sector is to attract more institutional investors, it will need to provide more insurance solutions. This point was driven home anew with the recent news that the Gemini crypto exchange…
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Coinbase-backed Crypto Ratings Council expands its network with three new members and five digital assets. The Coinbase-backed Crypto Ratings Council (CRC), a group of major United States’ cryptocurrency firms seeking regulatory clarity, has welcomed new members. Established in late 2019, the CRC has expanded to include members like trading platform eToro, crypto exchange OKCoin and…
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Payments behemoth Visa has acquired financial technology firm Plaid for $5.3 billion to better connect with fintech applications. Payments behemoth Visa acquired financial technology firm Plaid for $5.3 billion, according to a press release published on Jan. 13. Per the release, Plaid has developed a network that allows users to easily connect their financial accounts…
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Cryptocurrency exchange Coinbase Pro has made its trading app available for Android users. Coinbase has expanded compatibility for its trading platform, Coinbase Pro. The Coinbase Pro mobile app is now available on Android’s operating system, Coinbase said in a Jan. 7 blog announcement. The exchange unveiled its Pro app for iPhone (iOS) users in October…
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