Coinbase to Shutter Bitcoin Borrow Service Next Week

Amid ongoing tribulations with the SEC and a new global push, Coinbase has moved to shutter its Borrow service for U.S. users as of May 10.

• 2023-05-04
• Coinbase Wells Notice Coinbase Wallet enforcement action

Coinbase CEO: SEC's crypto warning "not good for America"

The comments from the CEO of Coinbase offer a forceful response to a Wells Notice received by the cryptocurrency exchange.

• 2023-04-28
• Coinbase Brian Armstrong SEC staff Wells Notice SEC the SEC enforcement action national securities exchange

SEC Targets Bittrex, Fallen Giant of U.S. Crypto Exchanges

Bittrex, once ranked as the country’s biggest platform for trading digital assets, is leaving the U.S.

• 2023-04-16
• digital assets Bittrex enforcement action SEC David Maria Wells notice

Coinbase stock plunges on possible SEC legal action over securities laws

The SEC warned the largest US crypto exchange about a possible enforcement action. Coinbase said SEC "has not been fair or reasonable."

• 2023-03-23
• Coinbase enforcement action SEC Wells notice crypto assets

Crypto Community Fired Up Over SEC Action Against Coinbase

Crypto Twitter finds a common enemy in the SEC, but some see just desserts after Coinbase delisted XRP.

• 2023-03-23
• Coinbase Adam Cochran Wells Notice SEC crypto community

U.S. SEC threatens to sue Coinbase over some crypto products

Shares of Coinbase dropped nearly 13% to $67.33 in extended trading after the company said on Wednesday that the regulator had issued it a Wells notice - a formal declaration that SEC staff intend to recommend an enforcement action. The potential enforcement actions would be tied to aspects of Coinbase's spot market as well as its Earn, Prime and Wallet products, the company said.

• 2023-03-23
• Coinbase Global Inc U.S. Securities and Exchange Commission Coinbase SEC crypto exchange Wells notice products

Coinbase Gets SEC Notice Signaling Intent to Sue Over Crypto Offerings

(Bloomberg) -- Coinbase Global Inc. said it received a notice from the SEC formally declaring the securities regulator’s plans to bring an enforcement action against the largest US crypto exchange, the latest development in a long-running dispute between the watchdog and the digital-asset company. Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldFed Caught Between Inflation and Bank CrisisA New Chapter of Capitalism Emerges From the Banking CrisisFinally, a

• 2023-03-23
• Coinbase Wallet Bloomberg SEC Coinbase Wells notice enforcement actions enforcement action securities regulator Coinbase Earn

State of Crypto: Interpreting the Paxos-Binance Tea Leaves

Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates securities laws, and the New York Department of Financial Services has asked Paxos to cease issuing the token.

• 2023-02-16
• U.S. Securities and Exchange Commission Paxos BUSD Wells Notice New York Department of Financial Services SEC Binance