Cryptocurrency Analysis and News Portal
A new working group, spearheaded by senior employees of Ripple and Coinbase, is going to advise United States regulators on crypto-friendly policies. But congresspeople are too busy preparing for the upcoming elections, which means that U.S. crypto firms will have to continue hula-hooping through state-by-state regulations in the near
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Although bitcoin adoption may move at a glacial pace, merchants are seeing sustained traction regardless of market dips. According to BitPay CMO Bill Zielke, the payment processor facilitated $1 billion worth of cryptocurrency transactions in 2019, with bitcoin leading the pack. Likewise, a Coinbase spokesperson said Coinbase Commerce processed $135 million
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Coinbase Custody and Bison Trails have joined the ranks of the Proof of Stake Alliance (POSA), a Jan. 30 press release announced. Together with the alliance, they will advocate for the adoption of clear regulations on staking proceeds, as well as other development initiatives.The Proof of Stake Alliance is
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Coinbase Custody and Bison Trails have joined the Proof of Stake Alliance (POSA), a lobbying organization hoping to push regulators to clarify the legal treatment of staking services.Announced Thursday, the lobbying group said having the two companies on board adds weight to its mission of advancing the proof-of-stake (POS) industry.
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Coinbase has launched Coinbase Custody International Inc., a European entity for handling cryptocurrency deposits.Based in Dublin, Ireland, Coinbase said in a blog post that client demand for institutional-grade custodial services drove the move. Separately, a spokesman for the exchange said Coinbase Custody now has $8 billion in assets under custody,
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Former Google executive Surojit Chatterjee has joined Coinbase as the company’s new chief product officer. Before joining Coinbase, Chatterjee worked as a Google’s vice president of product, tallying 11 years at the internet company, Coinbase CEO Brian Armstrong wrote in a Jan. 29 blog post announcing the hire. An experienced hireDuring
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Coinbase has hired a former vice president of product at Google to be its chief product officer. Surojit Chatterjee spent 11 years at Google, where he worked on payments, adtech and commerce. He most recently led the continuing development of Google Shopping, a service available in more than 90 countries. Prior
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Asiff Hirji, the former president and chief operating officer of Coinbase, is the new president of Figure Technologies, the blockchain-based lending firm backed by Morgan Creek Digital.Figure announced Hirji's addition Wednesday, saying the longtime financial executive will oversee the company's growth. Figure CEO Mike Cagney said in a statement that
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A company that provides financial services for cryptocurrency companies like Coinbase, Bitstamp and Galaxy Digital has been awarded a payments license by the U.K.'s Financial Conduct Authority (FCA).London-based BCB Group announced the news Wednesday, saying its subsidiary subsidiary, BCB Payments Ltd. is now the "first and only crypto-focused" company
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Coinbase has settled a class action lawsuit brought against it by users of the former Cryptsy cryptocurrency exchange.According to a set of court documents dated Nov. 27 and Dec. 10, 2019, Coinbase has agreed to turn $962,500 over to an escrow agent responsible for handling class action claims related to
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