
April 21st, 2025
Coinbase is still enjoying a relatively healthy market sentiment as its stock price and target seem unperturbed by the SEC’s lawsuit.
Coinbase chief of legal said that the Court should grant a mandamus since the SEC’s delay is severely impacting the industry.
While announcing Coinbase and Cash App as the new partners, Bitkey referred to some information it passed in March.
It remains uncertain how the upcoming halving will affect Bitcoin’s price behavior, especially with global liquidity appearing to have peaked in the near term.
The startup is setting up a platform that will reward (in crypto) anyone who contributes new knowledge to the global science community
Earlier this year, the Seattle-based crypto exchange Bittrex announced its intent to wind down all its operations in the United States following heightened regulatory scrutiny by the SEC.
The SEC has received an official application from BlackRock for a spot Bitcoin ETF to help investors benefit from BTC without direct access.
The new development aligns with the country’s ambition to become a prominent global hub for crypto.
Patrick McHenry intends to hold a committee vote on a detailed crypto regulatory structure. Reactions about the use of crypto still make it unclear how things will turn out.
The crypto industry and market participants, including Coinbase, require clear guidance to navigate compliance obligations effectively and ensure regulatory alignment.
The documents might help the likes of Ripple, Coinbase and other businesses that have had a run-in with the SEC.
The crypto market has turned bearish since the SEC charged Binance and Coinbase with listing unregistered securities last week.
The SEC chair previously indicated that all cryptocurrencies apart from BTC are securities.
The release of the Hinman documents comes amid rising legal pressure on Binance and Coinbase.
Davidson was joined by another crypto-friendly congressman Tom Emmer in creating the legislation.