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Coinbase CEO Brian Armstrong has stated that SEC won’t meet with the firm, while asserting the 50% of Washington officials are concerned over the risks of crypto. Go to Source Powered by WPeMatico
If Coinbase gets approval from the National Futures Association, it will then need to register with the Commodity Futures Trading Commission to get the green light. Go to Source Powered by WPeMatico
“They refuse to tell us why they think it’s a security, and instead subpoena a bunch of records from us,” said Brian Armstrong after he revealed that the SEC threatened to sue Coinbase. Go to Source Powered by WPeMatico
According to a recent report, the U.S. Securities and Exchange Commission (SEC) has allegedly started probing the startup that operates the decentralized exchange (dex) Uniswap. The dex platform Uniswap is the largest dex in terms of trade volume with over $10 billion in crypto tokens swapped in the last seven days. Sources from the report … Read more
“There’s nothing better than building a factory that makes Bitcoin,” said Celsius CEO, Alex Mashinsky. Go to Source Powered by WPeMatico
Centralized crypto lending platform Celsius claims to have doubled its crypto holdings in just six months and now boasts $2.2 billion in assets under management. Go to Source Powered by WPeMatico
Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH), bitcoin cash (BCH), and cash. According … Read more
Alex Mashinsky has gifted his wife Krissy 15 million CEL tokens worth $20 million for her birthday Go to Source Powered by WPeMatico
Back in the summer of 2018, the Japanese messaging giant, Line Corp., launched a cryptocurrency exchange with over 30 digital assets. Now Line is introducing crypto lending services with five different crypto assets and a new lineup of decentralized applications (dapps). The Japanese messaging software company, Line Corp., is a firm that developed the freeware … Read more
U.S. crypto exchange Coinbase will start offering bitcoin-backed cash loans to select customers as early as next month. Investors can borrow up to 30% of the bitcoin they hold on the exchange, or a maximum $20,000, it said. In a blog post on August 13, Coinbase unveiled its new crypto lending business, which places it … Read more
