India is going to be a large market for crypto assets in the coming years, and the exchanges in the country and globally are building for that, CoinDCX co-founder Gupta told Moneycontrol.
Coinbase believes that India and the Middle East are two markets that are poised to play a pivotal role in the future of global crypto adoption.
While the crypto market in India is still very nascent and lacks regulations, US President Donald Trump pro-crypto policies have started to shift sentiments, especially towards India
Coinbase said it plans to launch its initial retail services later this year and roll out additional investments and products thereafter, but did not disclose a specific timeline
Coinbase is engaging with authorities, including the Financial Intelligence Unit (FIU), to secure necessary approvals for its re-entry into the market, according to the report
Top crypto exchange Coinbase confirmed a system-wide outage which it later resolved.
From Apple's quarterly earnings beat, record $110 billion buyback to Sony Pictures' interest in acquiring Paramount Global, here's a look at recent business developments around the world.
The 2nd U.S. Circuit Court of Appeals in Manhattan said a lower court judge should not have relied on a December 2021 user agreement to find that Coinbase did not hold title to, and was not the seller of, 79 tokens that the customers traded.
The startup’s captable boasts of former Meta COO Sheryl Sandberg, Yahoo co-founder Jerry Yang among its angels, apart from a slew of institutional investors like Accel, Prosus and Wipro.
The finance ministry said that the process of registration for off shore crypto exchanges and virtual digital asset service providers has been initiated
Crypto companies like Coinbase and Gemini are setting up tech talent hubs in India.
Coinbase also said it is "committed to India over the long term" and will continue to explore ways to strengthen its presence in this important market"
Responding to Moneycontrol’s queries, a Coinbase support executive said there’s no timeframe when the region will be supported again.
Cboe sought to address SEC concerns that its original filing did not name the crypto-trading platforms that would help it detect fraud in the underlying bitcoin markets, Reuters reported citing a person familiar with the matter.
The SEC sued Coinbase on June 6, saying it made billions of dollars acting as a middleman including by trading at least 13 crypto assets
Three funds managed by Cathie Wood purchased a total of almost 400,000 shares in Coinbase on June 6
“If it takes going to the Supreme Court, that’s what we’re prepared to do,” Coinbase’s top lawyer, Paul Grewal, said in an interview, adding that he believes the company will prevail. “I think that every court that looks at this issue is going to conclude the SEC has fundamentally gotten this wrong.”
The U.S. Securities and Exchange Commission on Monday took aim at Binance, the world's largest cryptocurrency exchange. The SEC accuses Binance and its CEO Changpeng Zhao of operating a "web of deception".
The regulator said in a 101-page complaint that Coinbase, the largest US crypto platform, evaded regulations by letting users trade numerous crypto tokens that were actually unregistered securities.
The company plans to use the fresh capital to expand its team, core infrastructure, and product platform.
The exchange will let institutional users in eligible jurisdictions outside the U.S. to trade in perpetual futures, Coinbase said.
Coinbase filed a petition for rulemaking with the SEC last year in which it urged the regulator to provide clarity on the circumstances under which a digital asset is a security and create a new market structure framework that is compatible with cryptocurrencies.
The US Securities and Exchange Commission has been on a quest to crack down on digital currencies, more so after the fall of crypto exchange FTX.
Shares of Coinbase dropped nearly 13% to $67.33 in extended trading after the company said on Wednesday that the regulator had issued it a Wells notice - a formal declaration that SEC staff intend to recommend an enforcement action.
Transfers, in Singapore dollars, are facilitated by a traditional bank, Standard Chartered, and carry no fee, the company said in a statement. Previously, users could only purchase crypto via a Visa or Mastercard debit or credit card, or transfer crypto in and out of their Coinbase account.