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Tag: Coinbase

Coinbase restores services after global outage
Crypto

Coinbase secures EU license, names Luxembourg regional crypto hub

Coinbase has secured a license from Luxembourg to offer cryptocurrency services across the European Union, designating the country as its central hub in the region. This move expands upon its existing European operations, which have been based in Ireland since 2023, according to CNBC. Coinbase announced Friday it has secured a Markets in Crypto-Assets license […]

Chinese hackers hack US Commerce chief's emails
Crypto

Hackers bribed our staff to access customer data – Coinbase

Coinbase, a leading cryptocurrency exchange, disclosed on Thursday that cybercriminals bribed overseas customer support agents to steal sensitive customer data, which was then used in social engineering attacks. The breach, detailed in an SEC filing, could cost the company up to $400 million to remediate, Coinbase estimated. The incident came to light on May 11 […]

Coinbase waives fees on PayPal stablecoin, boosting crypto payment push
News

Coinbase waives fees on PayPal stablecoin, boosting crypto payment push

Coinbase, the largest publicly traded cryptocurrency exchange, is eliminating transaction fees for trades involving PayPal’s stablecoin, PYUSD, and will now allow users to redeem the token directly for U.S. dollars — a significant step forward in PayPal’s push to expand crypto-based payments. The move is part of a growing collaboration between Coinbase and PayPal to […]

News

Coinbase to delist certain stablecoins ahead of regulatory changes

Coinbase announced on Friday that it will delist specific stablecoins in the European Economic Area by the end of this year, as the cryptocurrency exchange prepares for stricter regulations in the region. The European Union’s comprehensive regulatory framework, known as the Markets in Crypto-Assets regulation, which was introduced earlier this year, is set to take […]

Singapore grants Coinbase payments license
News Tech

Singapore grants Coinbase payments license

Coinbase’s Singapore branch announced on Monday that it has been granted a Major Payment Institution licence by the central bank of the city-state. The largest U.S. crypto exchange will be able to provide digital payment token services to individuals and institutions in Singapore thanks to the licence issued by the Monetary Authority of Singapore. The […]

Coinbase clarifies rumors of Indian operations closure
News Tech

Coinbase clarifies rumors of Indian operations closure

Coinbase has released a clarification after a rumoured report stated that Coinbase would shortly cease all operations for its Indian customers. Users of Coinbase India were apparently informed via email that all services would end on September 25 and advised to withdraw any cash still present on the exchange. “We are reaching out to inform […]

Coinbase waives fees on PayPal stablecoin, boosting crypto payment push
News Tech

Coinbase unveils crypto lending platforms for investors

Cryptocurrency exchange Coinbase Global is introducing a digital asset financing platform targeted at significant institutional investors. According to a regulatory filing, Coinba has raised $57 million for its new cryptocurrency lending business. After a three-judge court concluded that the Securities and Exchange Commission erred in rejecting Grayscale’s proposed bitcoin ETF without providing a justification, the […]

Singapore grants Coinbase payments license
Crypto

Coinbase receives nod to trade crypto in U.S

A prominent player in the cryptocurrency space, Coinbase, has received a significant nod from regulators, a move that has propelled its shares up by 5% in premarket trading. The approval, granted by the National Futures Association, marks a pivotal moment for Coinbase, underscoring its unwavering dedication to maintaining a business that adheres to regulatory standards. […]

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