Coinbase, Kalshi join lawsuit backing CFTC over US stock perp futures
Coinbase, Kalshi and four other companies backed the CFTC in a lawsuit over whether US exchanges can list perpetual futures tied to individual stocks.…
Coinbase, Kalshi, Kraken parent back CFTC in legal fight over stock perpetual futures
The Capital Markets Alliance argues that the products fall under the Securities and Exchange Commission’s jurisdiction. Source:CoinDesk
PNC Bank tests turning USDC payments into dollar deposits
The pilot lets eligible corporate and institutional clients accept USDC on Ethereum, with each token converted to one US dollar before deposit.…
Coinbase’s US national trust bank charter takes effect
Coinbase plans to expand its institutional crypto custody business under the federal charter and is exploring digital asset payment products.…
Coinbase gets full U.S. trust charter from federal banking regulator
The Office of the Comptroller of the Currency elevated the biggest U.S. exchange's trust status from conditional to a fullfledged charter, the company said.…
Apple, Meta reject OKX–ICE tokenized stock plans, leaving crypto firms as the ones to watch
Strategy, Coinbase, Circle and Robinhood are among six companies from the venture’s initial selection with no disclosed objection, after 90% of issuers opted…
The crypto industry has found new ways to grow. Making money from them is another story
Coinbase, Robinhood and Circle are expanding into stablecoins, payments and prediction markets, but their latest earnings show how hard it is to escape…
Crypto exchanges tout cold storage ratios after Binance attack
Coinbase says it keeps more than 99% of customer assets offline, while Gate reports 88.26% of its total assets are kept in cold storage. Source:Cointelegraph
ARK buys $17M in Coinbase, Circle shares while trimming Bullish
ARK Invest added Coinbase and Circle shares across two trading sessions while selling about $8 million in Bullish as crypto stocks declined.…
New Jersey drops Coinbase staking order ahead of crypto’s midterm test
New Jersey lifted its staking ban and dropped a $5 million penalty, clearing the way for Coinbase to restore staking access for users in the US state.…
Coinbase hit with 50% price target cut as post-earnings rout deepens
Slowing trading activity and fallout from the Binance hack are clouding Coinbase’s revenue prospects, prompting Morgan Stanley to lower its rating on the…
Coinbase downgraded at Morgan Stanely; price target slashed 53% on weak earnings outlook
Analyst Michael Cyprys cited weak crypto trading activity and doubts about an earnings recovery. Source:CoinDesk