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Coinbase

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Lawyer may sue Coinbase, Robinhood for securities law violations

Leading securities lawyer Tom Grady is reportedly preparing to file a lawsuit on behalf of retail investors against top U.S. crypto exchanges Coinbase, Robinhood, and others. According to reports, Grady alleges that these exchanges have violated state and federal securities laws by transacting unregistered digital coins and misled investors by not providing proper disclosures about […]
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Coinbase launches Crypto435 to push US crypto policy

Coinbase just announced a mass action committee called Crypto435 with the role of helping shape regulatory policies in the U.S.  Coinbase’s Crypto435 Regulators in the U.S. have been increasing threats towards crypto assets, with rumors of banning some crypto activities like staking surfacing a few weeks ago. In a valid effort to challenge the policymakers, […]
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Coinbase will pay $100m over KYC, AML to NY regulators

According to the New York Times, Coinbase will have to pay $50 million to New York regulators for letting users open accounts with minimal background confirmation. The organization will also spend $50 million on improving compliance. Coinbase to pay regulators after KYC queries Regulatory agencies discovered that Coinbase, a publicly traded crypto exchange in the […]
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Coinbase

Coinbase is awarded license to operate in Ireland

Coinbase is now able to operate in Ireland, which enables the company to work with European clients as well. According to a Dec. 21 announcement, Coinbase won approval from the Central Bank of Ireland to operate as a Virtual Asset Service Provider (VASP). The decision enables the firm to continue providing products and services to individuals and institutions […]
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Coinbase CEO calls for regulation of stablecoin issuers

Coinbase’s CEO, Brian Armstrong, proposed a plan on Monday to bring regulatory stability to the crypto industry. He believes the law will encourage the adoption of stablecoins. Stablecoin issuer regulation: a positive development Armstrong has argued in a blog post that regulation should start with centralized entities like stablecoin issuers, exchanges, and custodians because they […]
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