In a concerted effort to tackle tax evasion in the realm of cryptocurrencies, a group of influential senators, led by Democrat Elizabeth Warren and Independent Angus King, is urging the Internal Revenue Service (IRS) to expedite its implementation of regulations.…
Breaking New Ground: Launch of the First Tokenized Security on Coinbase’s Base Protocol
Welcome to our comprehensive guide on the groundbreaking launch of the first tokenized security on Base, the scalability layer of Coinbase. In this article, we’ll delve into the exciting world of decentralized finance (DeFi) and explore how Backed.fi, a leading…
Coinbase’s Base Introduces Tokenized U.S. Treasuries Powered by Backed’s RWA Tokens
Welcome to our comprehensive guide on the groundbreaking arrival of tokenized U.S. Treasuries on Coinbase’s Base platform with the issuance of Backed’s RWA tokens. In this article, we will delve into the details of this revolutionary development, highlighting its impact…
NASAA Stands with SEC in Lawsuit against Coinbase
In a significant development within the cryptocurrency industry, the North American Securities Administrators Association (NASAA) has expressed its support for the U.S. Securities and Exchange Commission (SEC) in their ongoing lawsuit against Coinbase, one of the leading cryptocurrency exchanges. This…
SEC Urges Judge to Reject Coinbase Motion to Dismiss Lawsuit
In a significant legal development, the U.S. Securities and Exchange Commission (SEC) has filed a motion urging a federal judge to deny Coinbase Global’s motion to dismiss the regulator’s lawsuit against the popular cryptocurrency exchange. This move by the SEC…
There’s a Reason Coinbase’s Base Will Soon Take Over the Crypto Industry. This is How it Increased By Over 28% to have over $558 Million TVL
Since the launch of the Base Network, it is reaching new milestones to take the network to a new level. So, one of them is the TVL. Recently, there was a massive increase in Coinbase’s Base TVL, helping it surpass…
Ripple CTO Dissects SEC’s Argument in Coinbase Lawsuit: Challenging the Logic Behind It
In the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple’s Chief Technology Officer (CTO), David Schwartz, recently offered his critical insights on the SEC’s arguments presented in the lawsuit against Coinbase. As we…
Coinbase CEO Slams JPMorgan for Banning Crypto Payments in UK, Suggests Government Should Act
Coinbase CEO Brian Armstrong has voiced his discontent with the recent decision by JPMorgan Chase to block cryptocurrency-related transactions through its U.K. digital banking subsidiary, Chase UK. Chase UK’s Crypto Transaction Block: A Point of Contention In an official notice…
SEC Asserts: ‘Major Questions’ Doctrine Does Not Bar Coinbase Crypto Case
The U.S. Securities and Exchange Commission (SEC) has responded to Coinbase’s motion for a quick judgment in the agency’s ongoing case against the crypto trading platform. In a recent brief, the SEC refutes Coinbase’s argument that Congress has not authorized…