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Coinbase Under SEC Investigation For Overstatement Of User Numbers
Friday, May 16, 2025 - 11:24am | 524The U.S. Securities and Exchange Commission is investigating whether Coinbase Global Inc. (NASDAQ:COIN), the largest U.S.-based cryptocurrency exchange, misrepresented its user numbers in past disclosures. The Details: According to a Thursday report from the New York Times, the SEC's probe centers...
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Coinbase CEO Brian Armstrong Criticizes Regulatory Overreach: 'Nothing To Capture In Small Government' (UPDATED)
Tuesday, November 5, 2024 - 1:08am | 609Editor’s Note: This story has been updated to include a comment from an FDIC spokesperson. Brian Armstrong, CEO of Coinbase, criticized the government’s overreach and lack of transparency amid the ongoing tussle between the cryptocurrency industry and regulatory bodies. What Happened:...
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Trump Campaign 'More Explicit' In Embracing Crypto, Says Coinbase's Legal Head, But 'Encouraged' By Kamala Harris Campaign's Outreach
Tuesday, September 3, 2024 - 10:52pm | 597Coinbase Global Inc. (NASDAQ:COIN) Chief Legal Officer, Paul Grewal, voiced optimism that a pro-cryptocurrency Congress would emerge irrespective of the outcome of the upcoming presidential election. What happened: During an interview with Bloomberg TV, Grewal, a well-known figure known for...
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Democratic Senators Urge SEC To Halt Crypto ETP Approvals Over Misleading Crypto Marketing
Friday, March 15, 2024 - 1:15pm | 504Two Democratic Senators have taken a stand against the approval of further crypto exchange-traded products (ETPs), citing concerns over retail investor protection. What Happened: Senators Jack Reed of Rhode Island and Laphonza Butler of California have formally requested the U.S. Securities and...
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SEC's Lack Of Action On Crypto Regulation Triggers Coinbase's Legal Challenge
Friday, December 15, 2023 - 4:40pm | 552Crypto exchange Coinbase Global Inc. (NASDAQ: COIN) is set to challenge the U.S. Securities and Exchange Commission (SEC) in court following the regulatory body's refusal to establish new rules for cryptocurrencies. The Securities and Exchange Commission (SEC), led by Chair Gary Gensler,...
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Coinbase Legal Chief Predicts Bitcoin ETF Approval: SEC Will 'Fulfill Its Responsibilities'
Friday, October 20, 2023 - 10:46am | 613Coinbase's (NASDAQ: COIN) Chief Legal Officer, Paul Grewal, on Friday expressed optimism about the Securities and Exchange Commission (SEC) approving a U.S. Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF), saying that the financial watchdog will "fulfill its responsibilities."...
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Coinbase Legal Chief Warns Against Crypto Tax Reporting Regulations, Labels Them A 'Dangerous Precedent Of Surveillance'
Thursday, October 19, 2023 - 2:55am | 825On Wednesday, Coinbase Global Inc (NASDAQ:COIN) Chief Legal Officer Paul Grewal voiced his opposition to the Treasury’s proposed regulations for tax reporting of digital assets, emphasizing the potential harm to innovation and fairness in the industry. What Happened: Grewal argued that the...
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Dogecoin Co-Creator, Elon Musk Blast SEC For Denying Inherent Value Of Cryptos: 'Return All The Taxes…You Horrific Evil Hypocrites'
Sunday, October 8, 2023 - 11:39pm | 813In a federal court case against Coinbase (NASDAQ:COIN), the Securities and Exchange Commission (SEC) has contended that cryptocurrencies lack any “innate or inherent value.” This argument has drawn criticism from Tesla CEO Elon Musk and Dogecoin (CRYPTO: DOGE) creator. What Happened:...
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Grayscale Ruling: SEC Slammed By Industry Leaders For Ineffective Crypto Regulation
Tuesday, August 29, 2023 - 6:39pm | 636In the wake of a U.S. federal court directing the Securities and Exchange Commission (SEC) to reconsider its rejection of Grayscale Investments (OTC: GBTC) Bitcoin (CRYPTO: BTC) ETF bid, industry leaders voiced strong opinions. Some asked the regulatory watchdog to introspect its...
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Coinbase Rulemaking Request Still Under SEC Scrutiny, No Resolution In Sight
Wednesday, June 14, 2023 - 10:22am | 463The U.S. Securities and Exchange Commission (SEC) clarified on Tuesday that it has not yet reached a resolution on Coinbase Global Inc's (NASDAQ: COIN) request for rulemaking. The statement was made in response to a court order inquiring about the regulator's stance on Coinbase's...
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Countdown Begins: SEC Has Just 7 Days To Explain Coinbase Decision Delay
Wednesday, June 7, 2023 - 2:42pm | 410The U.S. Securities and Exchange Commission (SEC) has been mandated by the U.S. Court of Appeals for the Third Circuit to clarify its stance on a rulemaking appeal initiated by cryptocurrency exchange, Coinbase Global Inc (NASDAQ: COIN). This petition, which was submitted in 2022, is...
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EXCLUSIVE: As Coinbase's Apology Falls Flat With Pepe Coin Community, Spottie WiFi Says Crypto Exchange Should 'Tell The True History Of Pepe'
Thursday, May 11, 2023 - 3:54pm | 1298Cryptocurrency trading platform Coinbase Global (NASDAQ: COIN) faced backlash Wednesday for an email it sent about meme coins, specifically PEPE Coin (CRYPTO: PEPE), one of the fastest-rising coins to reach $1 billion in value. The email highlighted the debate over the Pepe the Frog meme behind the...
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Coinbase Warns SEC: Don't Mess With Crypto's Big Dog
Thursday, April 27, 2023 - 5:15pm | 489Coinbase Global Inc. (NASDAQ: COIN) is taking steps to prevent the SEC from filing a lawsuit against the firm, emphasizing the challenges the agency might face in such a legal battle. In a detailed response to the SEC's March Wells Notice, which indicated the regulatory agency's intention...
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Coinbase CEO, Executives Dump $20M+ In Stock Ahead Of SEC Inquiry: Was It Planned Ahead Of Time?
Thursday, March 23, 2023 - 12:16pm | 866Cryptocurrency platform Coinbase Global Inc (NASDAQ: COIN) announced it received a Wells Notice from the U.S. Securities and Exchange Commission (SEC). The announcement came Wednesday after the market close, which sent shares down. The company’s co-founder and CEO Brian Armstrong defended the...
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Why Coinbase Stock Is Tumbling Today
Thursday, March 23, 2023 - 8:32am | 418Coinbase Global Inc (NASDAQ: COIN) shares are trading lower Thursday morning after the company received a Wells Notice from the U.S. Securities and Exchange Commission. What To Know: Coinbase said it received an SEC notice showing the agency made a "preliminary determination...