The SEC is Suing Coinbase & Binance

sites.libsyn.com Today Gary Gensler and the SEC officially filed lawsuits against crypto exchanges Binance and Coinbase. We break it all down and share some hot takes on what this means for…

'Shark Tank' O'Leary Says Coinbase CEO Must Go

thestreet.com Coinbase woke up in a nightmare on Jun. 6. The U.S. Securities and Exchange Commission (SEC) filed a complaint, alleging that Coinbase (COIN) - Get Free Report was operating…

Elon Musk And Jack Dorsey Make a Surprise Suggestion to Coinbase

thestreet.com It's a nightmarish day for Coinbase. The most famous platform for buying and selling cryptocurrencies in the United States woke up on June 6 with a complaint filed by the…

Short Sellers Profit on SEC Complaint Against Coinbase

institutionalinvestor.com Coinbase short sellers gained $276 million in intraday mark-to-market profits as the stock fell about 13 percent, S3 Partners’ Ihor Dusaniwsky told Institutional Investor.…

SEC's Latest Crackdown Could Drive Crypto Firms Out of the U.S

coindesk.com Some industry experts say the SEC’s recent actions against U.S.-based Coinbase and Cayman Islands-based Binance could be a net positive for companies operating in the U.S,…

Coinbase reminds world it tried to ‘embrace regulation’ as SEC sues for violations

cointelegraph.com “Coinbase has embraced regulation since we were founded over a decade ago,” the cryptocurrency exchange’s chief legal officer Paul Grewal told the United States Congress on…

SEC sues Coinbase for selling securities 'without a license'

theregister.com It's been a bad week for the cryptocurrency world. Yesterday the US Securities and Exchange Commission sued the world's largest crypto exchange, Binance, alleging 13 counts…

SEC Sues Coinbase, Accuses Crypto Platform of Breaking Market Rules

nytimes.com The Securities and Exchange Commission sued Coinbase, the largest cryptocurrency trading platform in the United States, on Tuesday. The S.E.C. said the cryptocurrency…

Coinbase Plans to Fight SEC Lawsuit, Carry On With 'Business as Usual'

decrypt.co Coinbase’s chief legal officer Paul Grewal called for Congress to adopt a draft bill laying out a regulatory framework around cryptocurrency transactions right after the…

Coinbase, Binance Experience Over $1 Billion in Net Outflows Following SEC Lawsuit

watcher.guru Coinbase and Binance have been the victims of a recent lawsuit attack by the Securities and Exchange Commission. One after the other, the commission filed lawsuits against…

Coinbase CEO responds to SEC suit, says team is ‘confidant’ in facts and law

cointelegraph.com Coinbase CEO Brian Armstrong has responded publicly to the United States Securities and Exchange Commission (SEC) lawsuit against his company, stating in a tweet that the…

SEC sues Coinbase for allegedly acting as an unregistered crypto broker

cnn.com Wall Street’s top regulator is confronting some of the biggest names in crypto over their alleged violations of US securities laws, in a regulatory crackdown that is roiling…

Clearer Rules: CFTC Chair Voices Concerns Over SEC’s Crypto Regulation

bitcoinist.com The increased oversight by the US Securities and Exchange Commission (SEC) towards the crypto industry has prompted both the community and regulators to question the…

Coinbase CEO Brian Armstrong hits back at SEC lawsuit on social media

cryptoslate.com Coinbase CEO Brian Armstrong spoke out against the SEC’s decision to file a lawsuit against the exchange. The SEC’s charges, filed early today, are based on the accusation…

Billionaires Musk And Dorsey Give Advice to Struggling Coinbase

thestreet.com It's a nightmarish day for Coinbase. The most famous platform for buying and selling cryptocurrencies in the United States woke up on June 6 with a complaint filed by the…

Billionaires Elon Musk And Jack Dorsey Give Coinbase Two Tips

thestreet.com It's a nightmarish day for Coinbase. The most famous platform for buying and selling cryptocurrencies in the United States woke up on June 6 with a complaint filed by the US…

Centralized Crypto Exchanges Are Losing Runway: Where Do They Go Next?

beincrypto.com Centralized crypto exchanges are facing tough questions following regulation clampdowns in several major global jurisdictions that could hurt their trading volumes. Bybit…

Coinbase and Binance see net outflows of more than $1 billion in 24 hours after SEC suit

fortune.com Two of the world’s biggest cryptocurrency exchanges are feeling repercussions from the lawsuit filed by the Securities and Exchange Commission against Binance on Monday.…

‘Maybe you are the one at fault’: Amid SEC barrage, crypto founders defiant

marketwatch.com The Securities and Exchange Commission’s case against Coinbase is built around a refrain common in its efforts to regulate the industry: while crypto companies operate like…

Coinbase CEO Confident in Impending Court Battle With The SEC

watcher.guru In a statement issued today, Coinbase CEO Brian Armstrong responded to the US Securities and Exchange Commission (SEC) complaint. Moreover, Armstrong expressed his…

Coinbase CEO Calls on Congress to ‘Fix the Situation’ After SEC Lawsuit

blockworks.co Coinbase CEO Brian Armstrong responded to the SEC’s lawsuit against the exchange on Tuesday, June 6. Armstrong said that the SEC reviewed Coinbase’s business in 2021 and…

Crypto Wilts in Summer Heat as SEC Charges Both Binance and Coinbase

pymnts.com The Securities and Exchange Commission (SEC) is on a tear this week. After a brutal crypto winter, the summer of 2023 isn’t shaping up to be any better or more forgiving of…

YouTubers Still Bullish on Wall Street Memes Despite Crashing Crypto Prices After SEC Sues Binance

cryptopotato.com It’s been a challenging 24 hours for crypto investors, with most coins and tokens posting significant losses following the news that the US Securities and Exchange…

The SEC sued Binance, now Coinbase. What’s next for crypto?

theblock.co Before deleting the post, Binance CEO Changpeng Zhao took to Twitter to call the Securities and Exchange Commission lawsuit targeting him and his exchange “a preview of…

Jim Cramer Calls SEC's Lawsuit 'Devastating' for Binance

u.today In unyielding critique, CNBC's Jim Cramer dubbed SEC's recent lawsuit against world's largest cryptocurrency exchange as 'devastating,' implying allegations could…

UK Minister Argues to Regulate AI Like Nuclear Amid Fears of Humanity’s Extinction

beincrypto.com The digital spokesperson for the UK’s Labour Party, Lucy Powell, wants artificial intelligence (AI) to be regulated like medicine or nuclear power. She argued that…

SEC Sues Coinbase, Cardano Mentioned as Security in Both Lawsuits against Top Exchanges

thecryptobasic.com The SEC finally filed a lawsuit against Coinbase shortly after charging Binance, again labeling Cardano (ADA) a security. The US Securities and Exchange Commission (SEC) has…

Coinbase Stock Dives As SEC Crypto Crackdown Widens. Binance Goes On Defensive

investors.com COIN stock dove early Tuesday after Securities and Exchange Commission widened its crackdown vs. top cryptocurrency exchanges to include a lawsuit against Coinbase. The…

SEC Charges Coinbase

forbes.com Just one day after levying charges against the world’s largest cryptocurrency exchange, the Securities and Exchange Commission filed suit against cryptocurrency giant…

SEC lawsuit triggers selloff in Coinbase stock, COIN down 15%

cryptoslate.com Coinbase shares fell 22% after news broke that the U.S. Securities and Exchange Commission filed a lawsuit against the platform for allegedly violating securities laws. The…

Crypto Exchange Coinbase's Stock Falls

thestreet.com It's a bad day for Coinbase. The most popular U.S. cryptocurrency exchange knew what was coming -- and on June 6 it showed up. Since March, Coinbase (COIN) - Get Free Report…

CZ, Jack Dorsey React to Coinbase and Binance Lawsuits

blockworks.co With Coinbase joining Binance as the second cryptocurrency heavyweight sued by the SEC in roughly 24 hours, the industry is reeling. And industry participants on Tuesday…

Coinbase Stock Down 18% in Pre-Market Trading in Wake of SEC Lawsuit

decrypt.co Coinbase shares plunged ahead of Wall Street’s opening bell on Tuesday as investors assessed what a lawsuit from the Securities and Exchange Commission (SEC) could mean for…

The SEC Claims These Coins are Securities in the Lawsuit Against Coinbase

cryptopotato.com It appears Binance is not the only crypto heavyweight that the SEC is aimed at. The US Securities and Exchange Commission has just filed another lawsuit – this time against…

SEC Sues Coinbase

forbes.com Just one day after levying charges against the world’s largest cryptocurrency exchange, the Securities and Exchange Commission filed suit against cryptocurrency giant…

SEC sues Coinbase over exchange and staking programs, stock drops 15% premarket

cnbc.com Brian Armstrong, CEO and Co-Founder, Coinbase, speaks during the Milken Institute Global Conference on May 2, 2022. in Beverly Hills, California. The Securities and Exchange…

SEC Sues Coinbase on Unregistered Securities Exchange Allegations

coindesk.com According to the SEC, Coinbase has operated as an unregistered broker, exchange and clearing agency simultaneously, arguing that it solicited customers, handled orders,…

Coinbase Chief Legal Officer Heads to Capital Hill to Testify on Crypto Clarity

beincrypto.com Coinbase is sending its chief legal officer to present its case on why clarity is needed for crypto regulations. Meanwhile, the Securities and Exchange Commission continues…

Coinbase falls 10% after the SEC sues rival crypto exchange Binance for violating securities law

markets.businessinsider.com Coinbase CEO Brian Armstrong. Patrick T. Fallon / Getty Images Coinbase stock fell 10% on Monday after the SEC sued Binance for violating securities rules. Coinbase is…

Is Binance’s dominance falling?

coinjournal.net Key Takeaways Binance’s share of trading volume is at 48%, despite being 66% at the start of the year Exchange has landed in hot water over a multitude of regulatory issues,…

Coinbase CEO Brian Armstrong: China Will Benefit From Restrictive US Crypto Policies

news.bitcoin.com Coinbase CEO Brian Armstrong has stated China will be one of the biggest beneficiaries of how the U.S. is approaching cryptocurrency regulation. According to Armstrong, the…

Crypto Biz: Six months on from FTX, Tether mines BTC, and Nvidia’s AI superchips

cointelegraph.com Just over six months after FTX’s dramatic collapse, the crypto industry can finally begin analyzing the effects of the debacle. The quick ripple effect to other crypto…

Coinbase Derivatives Exchange Launches Bitcoin and Ether Futures

financemagnates.com Coinbase Derivatives Exchange, a derivatives platform linked to its namesake cryptocurrency exchange, will introduce Bitcoin and Ether futures contracts for institutional…

Coinbase Derivatives Exchange to Roll Out Bitcoin and Ethereum Futures Trading on June 5

coinspeaker.com Coinspeaker Coinbase Derivatives Exchange to Roll Out Bitcoin and Ethereum Futures Trading on June 5 Leading American crypto exchange Coinbase has announced its plans to…

What does Binance leaving crypto mean for the crypto industry?

coinjournal.net Key Takeaways Binance has become the latest crypto company to depart Canada amid regulatory concerns Canada is a small market but US regulators have also clamped down…

Don't be surprised if AI tries to sabotage your crypto

cointelegraph.com As the world of cryptocurrency trading evolves, so does the technology supporting it. In recent years, we've seen a surge in AI tools like ChatGPT being integrated into…

Gemini looks to Dubai and Crypto.com nabs Singapore license as U.S. crypto companies continue overseas expansion

fortune.com U.S. crypto firms are looking to establish footholds abroad amid the recent regulatory and legal crackdown, and on late Wednesday night and early Thursday morning, two…

Brian Armstrong Issues Warning on China, Says US Putting National Security at Risk With Anti-Crypto Climate

dailyhodl.com Coinbase chief executive Brian Armstrong thinks the US regulatory approach to crypto will weaken the country’s “national security posture.” In a new opinion piece published…

First Digital Rolls Out FDUSD Amid HK Crypto Regulation

cryptodaily.co.uk Hong Kong-based First Digital Group has announced the introduction of a new stablecoin that will be pegged to the United States Dollar but regulated in Asia. The…

Hong Kong is bringing back retail crypto trading. Will China be next?

fortune.com Hong Kong on Thursday reinstated retail crypto trading at select exchanges in what could serve as a test case for China reversing its 2021 ban on cryptocurrencies. While…

Hong Kong-based First Digital introduces USD stablecoin

theblock.co Hong Kong-based qualified custodian and trust company First Digital is introducing a new stablecoin that will be pegged to the U.S. dollar but regulated in Asia. Dubbed…

How Does Coinbase Make Money?

watcher.guru Cryptocurrency has been a buzzword for years now. With the rise and fall of Bitcoin prices, the world has witnessed both hype and skepticism around digital currencies.…

Coinbase CEO drops bombshell prediction

newsbtc.com Coinbase CEO Brian Armstrong has warned that the US risks ceding its global financial leadership and innovation hub status if it fails to recognize the transformative…

Binance Frames Reported Layoffs as Focus on ‘Talent Density’

blockworks.co Following reports of a wave of layoffs, Binance told Blockworks that it is taking a close look at its staff in top roles and examining which products and business segments…

Coinbase CEO Raises Concern about Crypto, Says It’s Matter of National Security

coinspeaker.com Coinspeaker Coinbase CEO Raises Concern about Crypto, Says It’s Matter of National Security Coinbase CEO Brian Armstrong has recently shared his thoughts on cryptocurrencies…