SEC lawsuit sheds light on Coinbase’s management
In a recent interview with Cointelegraph, venture capitalist Kevin O’Leary criticized Coinbase’s strategy to address the current regulatory environment. Go to Source Powered by WPeMatico
Brian Armstrong
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Coinbase CEO’s stock sale was probably not planned to occur a day ahead of SEC suit
Armstrong was selling shares under a plan set up in August that sometimes made him money and other times not; the June 5 sale was still good timing. Go to Source Powered by WPeMatico
Coinbase CEO responds to SEC suit, says team is ‘confidant’ in facts and law
In a social media post, Brian Armstrong said he thinks the SEC’s rules are unclear and that the courts need to make rulings to clarify them. Go to Source Powered by WPeMatico
Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were in direct contrast to the agency’s previous approval of … Read more
Coinbase to help UK on Web3 hub as Treasury reportedly revives blockchain taskforce
Brian Armstrong will give suggestions to the U.K. on regulations, taxes and ensuring collaboration between the banking and FinTech sectors. Go to Source Powered by WPeMatico
Elon Musk-led petition to halt AI development divides tech community
Brian Armstrong said that any tech development should not be halted based on the fears of a few. Go to Source Powered by WPeMatico
SEC in a Pickle: Crypto’s Tricky Trio Stirs Up Trouble in 2023
2023 is shaping up to be a painful year for the U.S. Securities and Exchange Commission (SEC) as it finds itself entangled in battles with the ever-evolving and innovative cryptocurrency industry. From Ripple to Coinbase and Tron, the SEC faces fierce opposition with potentially huge consequences. The following opinion editorial was written by Joseph Collement, … Read more
SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations
The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto companies ‘come in and register.’” Coinbase CEO Brian Armstrong explained: “A Wells notice typically precedes an … Read more
Coinbase CEO ponders banking features after Silicon Valley Bank crisis
Coinbase CEO Brian Armstrong says the exchange has previously considered adding features to become a neo-bank of sorts. Go to Source Powered by WPeMatico
Coinbase CEO reiterates that ‘staking’ products aren’t securities
The SEC is broadening its investigation into crypto exchanges and has targeted staking products for potential securities violations. Go to Source Powered by WPeMatico
