Key takeaways: Australia continues to make significant progress towards its pledged aim of establishing a crypto-friendly atmosphere that encourages innovation. A bill introducing regulatory standards for the Australian cryptocurrency market has been presented by Senator Andrew Bragg. The Australian Parliament…
The SEC sent the cryptocurrency exchange Coinbase a Wells notification alerting it to possible violations of US securities law
Until further announcement, Coinbase users won't be able to transfer money using Signet outside of business hours
In an appeal to the U.S. Securities and Exchange Commission (SEC), Coinbase asked that staking services be treated equally as securities be reexamined.
Balaji Srinivasan has taken a bet initiated by pseudonymous Twitter user James Medlock on BTC’s price over the next 90 days, predicting the price would reach $1 million by June 17.
Reportedly, Coinbase is actively discussing its non-US-based expansion plans with international clients.
Three wallets connected to FTX and Alameda Research have reportedly transferred stablecoins valued $145 million.
Coinbase disclosed it had around $240 million in corporate funds at the bank that it expected would be fully recovered.
Coinbase notes that users earn rewards from the decentralized protocols, and not from the exchange itself.
Concerns that Circle, the entity that created the USDC stablecoin, might have kept some of USDC's cash reserves at Silicon Valley Bank, which California's financial watchdog shut down on Friday, prompted the steps.
