Coinbase Extends Timeline for Fund Withdrawal for Users in India
Coinbase has informed its consumers in India of a delay in the deadline for withdrawals from their accounts. This choice was made as Coinbase prepares to stop offering cryptocurrency trading services nationwide due to regulatory issues. The exchange has stopped new sign-ups and urged users to withdraw their assets before the deadline, even though it […]
Gemini Quits the Dutch Market Due to Compliance Issues
Gemini, a leading crypto exchange based in New York, has announced that it is suspending its services in the Netherlands due to the requirements imposed by the Dutch central bank. Gemini says that it hopes to return to the Dutch market after complying with the new EU rules on crypto assets. The Dutch central bank, […]
Circle Backs Binance, Says SEC Can’t Regulate Stablecoins
Circle, the issuer of the USDC stablecoin, has filed an amicus curiae brief in support of Binance, the world’s largest crypto exchange, in its ongoing lawsuit with the SEC. Circle argues that stablecoins are not securities and should not be regulated as such by the SEC. An amicus curiae brief can provide additional information, arguments, […]
Trial Dates Unveiled: Sam Bankman-Fried to Face 6-Week Trial
Assistant U.S. Attorney Danielle Kudla stated that the Justice Department estimated the case would last between four and five weeks. Sam “SBF” Bankman-Fried, former CEO of FTX, will spend at least 21 days in court as part of his criminal trial, which will commence in earnest on October 4 and continue until November 9, according […]
Coinbase Opens Futures Trading to Non US Users
Coinbase offers perpetual futures services to non-US retail consumers with a focus on compliance and market adaptation. Perpetual futures services offered by Coinbase International’s cryptocurrency exchange are now available to retail consumers outside of the US. This milestone follows approximately $5.5 billion in notional volume, primarily from institutional trading, on the platform during the second […]