Coinbase to Delist Wrapped Bitcoin in December
Key Insights Coinbase will suspend Wrapped Bitcoin trading on December 19, 2024, citing unspecified listing standard failures. The delisting follows…
Coinbase Teases New Bitcoin Product cbBTC
Key Insights Coinbase hints at launching a new wrapped bitcoin product called cbBTC. BitGo partners with BiT Global for WBTC…
Coinbase Resumes Operations in Hawaii Following Regulatory Shift
Key Insights Coinbase resumes operations in Hawaii after a six-year absence due to regulatory changes. Hawaii’s previous strict crypto regulations,…
UK FCA Fines Coinbase Unit £3.5 Million for Compliance Failures
Key Insights UK’s FCA fines Coinbase subsidiary CBPL £3.5 million for breaching high-risk customer restrictions CBPL onboarded 13,416 high-risk customers…
U.S. Marshals Service Awards $32.5 Million Crypto Custody Contract to Coinbase
Key Insights The U.S. Marshals Service has awarded a $32.5 million contract to Coinbase Prime for cryptocurrency custody and trading…
U.S. Government Moves $241 Million in Seized Bitcoin to Coinbase
Key Insights U.S. government transfers 3,940 bitcoins to Coinbase, originating from assets seized in a 2024 criminal case involving money…
U.S. Judge Allows SEC Lawsuit Against Coinbase to Advance
Key Insights A U.S. judge denied Coinbase’s motion to dismiss the SEC’s case alleging it operated as an unregistered exchange…
Ex-Coinbase Employee Hit With $2.5M Penalty for Insider Trading
Key Insights U.S. court orders trader to pay $2.5M penalty over Coinbase insider trading case Judgment covers disgorgement of $817K…
Coinbase Shares Jump 12% in Premarket Trading
Key Insights Coinbase shares jump 12% in premarket trading as crypto exchange posts first profit in 2 years in Q4…
JPMorgan Sees Gloom Ahead, Downgrades Coinbase Stock Rating
Key Insights JPMorgan analysts downgraded Coinbase’s stock to “underweight” amid declining crypto prices. They predict share struggles as spot bitcoin…