Effective October 3, Revolut, a leading fintech firm headquartered in the UK, will cease all cryptocurrency-related services for its clientele in the United States. The decision comes in response to the escalating intricacy and unclear nature of the US regulatory landscape
In a recent analysis by data agency CCData, the South Korean digital asset platform, Upbit has surpassed leading global exchanges, Coinbase and OKX, in spot trading volume. This shift coincides with the ongoing regulatory challenges faced by Binance, the largest
Brian Armstrong, CEO of Coinbase, has clarified the exchange’s intent to potentially integrate the Lightning Network, Bitcoin’s prominent Layer-2 scaling solution. In response to Jack Dorsey’s criticism, co-founder of financial services company Block Inc., Armstrong allayed concerns over Bitcoin and
The U.S. Securities and Exchange Commission (SEC) has delivered its verdict on what is and is not a security, and the financial governing body has ruled that if it’s a cryptocurrency that’s not called Bitcoin – it’s a security. The
Despite the ongoing ambiguity within the U.S. legislative landscape concerning cryptos, Senators Cynthia Lummis and Kirsten Gillibrand’s proposed bill addressing the matter has been met with resistance from influential figures within the crypto space. Mr. Huber, a voice within the
SEC has begun its extensive investigation into companies dealing in digital assets by filing a lawsuit to freeze the assets of Binance.US and suing Coinbase in the process. The two recent enforcement actions show the seriousness of the SEC in
A U.S. judge ruled Thursday that Ripple Labs Inc. did not violate federal securities law when it sold some of its XRP token on public crypto exchanges. The ruling is only partial, but it is being celebrated as a landmark
In a bold testament to the unpredictable dynamics of cryptocurrency markets and its related stocks, the value of Coinbase Global Inc. has more than doubled this year despite intense regulatory scrutiny. The cryptocurrency exchange’s resilient performance seems to have caught
In the vast and complex world of digital currencies, an unexpected financial archaeologist recently unearthed a forgotten fortune. Conor Grogan, Head of Product at Coinbase, took on a digital treasure hunt that led him to discover hundreds of thousands of
Bitcoin made a remarkable resurgence on Tuesday, briefly crossing$31,000 after several prospective bitcoin exchange-traded fund (ETF) issuers resubmitted their applications to the U.S. Securities and Exchange Commission (SEC). As the world’s largest digital asset, bitcoin’s rally has triggered similar price
Coinbase, one of the major cryptocurrency exchanges in the United States, has launched a firm rebuttal to the U.S. Securities and Exchange Commission (SEC). The crypto heavyweight filed an answer and a notice of intent to file a motion to
Metaverse token DBC is one of the best-performing digital currencies in the first five months of the year. And its bullish cycle has been sustained by the release of a progress report with an emphasis on many areas including artificial
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