Crypto Exchange Coinbase Posts Loss, But Beats Expectations

It posts a fifth straight quarter of losses as individual investor enthusiasm for crypto trading on the platform remains stagnant, but tops analysts’ expectations.

• 2023-05-05
• retail trading crypto derivatives exchange digital assets

Bitcoin, Ether gain most among top 10 cryptos; U.S. stock futures mixed ahead of Fed’s rate decision

Bitcoin gained 2.18% in 24 hours while Ether rose 1.67%.

• 2023-05-03
• stock futures biggest gainers Hong Kong Commodities Futures Trading Commission Asian equity markets John Reed Stark interest rate NFT crypto derivatives exchange

U.S. crypto exchange Coinbase secures Bermuda licence

Major U.S. crypto exchange Coinbase Global Inc has said it has secured a licence to operate in Bermuda, as part of a wider push to expand globally. Coinbase CEO Brian Armstrong said on Tuesday that crypto firms will develop in "offshore" havens unless the U.S. and UK create "clarity about regulation" for crypto.

• 2023-04-20
• Bermuda Monetary Authority Bermuda Coinbase U.S. Securities and Exchange Commission Brian Armstrong crypto derivatives exchange Gary Gensler crypto exchange