Coinbase may face years-long court battle with SEC, CEO warns: Report
At a London fintech conference, CEO Brian Armstrong disclosed that Coinbase might consider leaving the U.S. due to the lack of regulatory clarity in the country.
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At a London fintech conference, CEO Brian Armstrong disclosed that Coinbase might consider leaving the U.S. due to the lack of regulatory clarity in the country.
"Staking Allocation to target approx. 0.35 – 1 CAKE/block instead of 6.65 CAKE/block," developers wrote.
The move follows an Apr. 13 partnership between Twitter and the Israeli cryptocurrency exchange.
Over 1 million ETH has been withdrawn since the Shapella hard fork on April 12. However, a significant chunk of addresses has gone back to re-staking their ETH.
The Ecosystem Fund will provide financial support to early stage projects.
The tech billionaire made the announcement during a Fox interview on April 17.
Chinese banks are opening bank accounts for regulated crypto companies, with several acting as a payment layer for these crypto platforms.
Bittrex had already started winding down operations by the time it received a notice of potential action from the SEC, the general counsel said.
The crypto industry needs to prepare for increasing government pressure as it ramps up its challenge to the State monopoly over money, says ShapeShift CEO Erik Voorhees.
“It seems perverse to me that we would be encouraging centralization,” said SEC Commissioner Hester Peirce prior to a vote on the proposal.