Coinbase Acquires Stake in Circle, Dissolves Centre Consortium
Coinbase, the largest US crypto exchange, has acquired a stake in Circle, the issuer of USD Coin (USDC), the second-largest stablecoin in the world. The deal coincides with the closure of the Centre Consortium, a joint venture between Coinbase and Circle that governed USDC. Coinbase and Circle end their partnership The terms of the agreement […]
Coinbase Suspends USDT, DAI, RAI in Canada
Coinbase has decided to halt trading of prominent stablecoins, namely USDT, Dai, and RAI, for its Canadian users. Cryptocurrency exchange Coinbase said that starting in September 2023, it would no longer allow Canadian users to trade the stablecoins USDT, DAI, and RAI. Days have passed since operations began in the nation. With this revelation, Coinbase […]
Coinbase Receives Approval to Offer Bitcoin, Ether Futures in US
The National Futures Association (NFA) has granted Coinbase cryptocurrency exchange the approval to offer crypto futures trading for institutional investors and eligible clients in the United States. Coinbase announced on August 16 that the company is now authorized to operate as a Futures Commission Merchant (FCM) platform. The approval permits Coinbase to offer Bitcoin and […]
Coinbase Exchange Launches Stand with Crypto Alliance
Coinbase has announced the launch of a crypto advocacy group tasked with promoting the interests of the crypto community. The goal is to encourage the cryptocurrency sector to engage in U.S. legislative activity. The Stand With Crypto Alliance also seeks to influence how the U.S.’s crypto ecosystem will look. Coinbase’s new organization aims to build […]
Coinbase Rolls Out Crypto Services in Canada
Coinbase, a trading platform previously only available in the US, has now expanded its operations to Canada. The company has partnered with Peoples Trust Company to include Interac e-Transfers as a payment option for Canadian users, making transactions smoother. Recent data shows that many users are using Interac e-Transfers for deposits. Coinbase has also introduced […]