Key Takeaways Leading bitcoin mining firm, Riot Platforms has secured a $100 million credit facility from Coinbase Credit, the lending division of crypto exchange Coinbase. The agreement is structured as a short-term loan backed by a portion of Riot’s Bitcoin…
Key Takeaways Oregon Attorney General Dan Rayfield has filed a lawsuit against Coinbase, alleging the crypto exchange violated state securities laws by offering and selling digital assets that qualify as unregistered securities. The legal action, announced on April 18, centers…
Key Takeaways Coinbase’s Chief Legal Officer, Paul Grewal, has criticized the U.S. Treasury Department for attempting to sidestep a final court ruling in the Tornado Cash case. Grewal argues that by removing the crypto mixer from its sanctions list, the…
Key Takeaways Coinbase is reportedly in advanced talks to acquire Deribit, the world’s largest Bitcoin and Ethereum options trading platform. The potential deal, if finalized, would significantly expand Coinbase’s presence in the global crypto derivatives market, a sector that has…
Key Takeaways The United States Commodity Futures Trading Commission (CFTC) has subpoenaed cryptocurrency exchange Coinbase as part of its investigation into the crypto-based prediction platform Polymarket. The subpoena, issued on January 8, 2025, requires Coinbase to provide customer information about…
Key Takeaways The United States District Court for the Southern District of New York has granted Coinbase permission to pursue an interlocutory appeal in its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC). The January 7 ruling…
Key Takeaways A U.S. District Court has ruled in favor of Coinbase, allowing the company to proceed with its plan to delist Wrapped Bitcoin (wBTC) despite a legal challenge from BiT Global, a Hong Kong-based firm with ties to Justin…
Key Takeaways Leading crypto exchange Coinbase, has announced its withdrawal from the Turkish market and the liquidation of its local operations. The decision, revealed in an update from Turkey’s Capital Markets Board on November 29, comes just three months after…
Key Takeaways Coinbase has filed two new Freedom of Information Act (FOIA) requests in an ongoing effort to gain more transparency regarding U.S. cryptocurrency regulations. The first FOIA request seeks documents related to a deposit cap that the Federal Deposit…
Key Takeaways Chirag Tomar, a 31-year-old Indian national, has been sentenced to five years in prison for his role in a $20 million cryptocurrency fraud scheme that targeted Coinbase users globally. The sentence was handed down by U.S. District Judge…
