Auto Added by WPeMatico

SEC Rejects Coinbase’s Call for New Crypto Regulations

In a recent legal filing, the U.S. Securities and Exchange Commission (SEC) pushed back against Coinbase’s demands for a completely revamped regulatory framework for cryptocurrencies. The agency argued that existing…

Continue ReadingSEC Rejects Coinbase’s Call for New Crypto Regulations

Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi

Franklin Templeton, a global investment behemoth, has praised the development and growth of Base, the Coinbase-incubated Ethereum L2. On social media, the company declared that Base had “hit a home…

Continue ReadingInvestment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi

SEC Opposes Coinbase’s Appeal Request in Ongoing Legal Battle

The U.S. Securities and Exchange Commission (SEC) has urged a federal court to deny Coinbase’s interlocutory appeal, following a recent court decision that allowed a lawsuit involving the SEC and…

Continue ReadingSEC Opposes Coinbase’s Appeal Request in Ongoing Legal Battle

Coinbase Layer 2 Base Takes This Industry by Storm, Captures 46% of Transactions

Coinbase’s Layer 2 network – Base – has witnessed a resurgence of user activity. Franklin Templeton’s latest analysis revealed that Base has received significant traction from SocialFi applications such as…

Continue ReadingCoinbase Layer 2 Base Takes This Industry by Storm, Captures 46% of Transactions

Bankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts 

The now-defunct crypto lender Blockfi is officially shutting down the firm’s web portal this month according to an update from the firm. Blockfi said that it has partnered with Coinbase…

Continue ReadingBankrupt Crypto Lender Blockfi Enlists Coinbase to Distribute Crypto Payouts 

Coinbase Legal Chief Urges SEC Chair to Stop Misleading the Market About Crypto Tokens Being Securities

Coinbase’s chief legal officer has publicly urged U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler to stop misleading the market regarding crypto tokens being securities. His request followed Gensler’s…

Continue ReadingCoinbase Legal Chief Urges SEC Chair to Stop Misleading the Market About Crypto Tokens Being Securities

Class Action Lawsuit Claims Coinbase Operates as Unregistered Broker

A new class action lawsuit was initiated against the San Francisco-based cryptocurrency exchange Coinbase on May 3. The legal action claims that Coinbase deliberately sold securities that are unregistered with…

Continue ReadingClass Action Lawsuit Claims Coinbase Operates as Unregistered Broker