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Top crypto exchange Coinbase has obtained a regulatory license to offer crypto services in Europe. On Friday, the exchange received a Markets in Crypto Assets (MiCA) license from Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF). Coinbase has also picked Luxembourg for its central EU hub, changing its mind from Ireland. JUST IN: Coinbase obtains regulatory license to offer crypto services across Europe. — Watcher.Guru (@WatcherGuru) June 20, 2025 “Coinbase is all in on Europe, and we’re advocating for crypto’s future across the continent,” Coinbase CEO Brian Armstrong told CNBC. “MiCA has set the standard, and Luxembourg is leading the way with its pro-business climate and thoughtful approach to regulation.” The decision also makes Coinbase the first U.S. crypto exchange to receive a MiCA license. Gemini, a rival crypto exchange, is expecting its own MiCCA license approval soon from Malta. A Coinbase representative today...

Source: Coinbase Coinbase has finalised the acquisition of Utopia Labs , a decentralised finance (DeFi) start-up, in a move to broaden its capabilities in blockchain technology and financial services. The acquisition marks a critical step for Coinbase, aiming to enhance its core infrastructure and bolster decentralised tools in the face of regulatory scrutiny and evolving market demand. A Strategic Shift for Coinbase Coinbase’s purchase of Utopia Labs underscores the company’s commitment to expanding its offerings in the DeFi and Web3 spaces. Founded in 2021, Utopia Labs has primarily focused on creating payment solutions that enable businesses to handle cryptocurrency transactions with minimal friction. “We see immense value in integrating Utopia’s tools with our mission to offer more efficient, decentralised financial services,” Coinbase stated, emphasising the acquisition as a pathway to innovation across blockchain networks. Excited for the @utopialabs_ to ...

Crypto billionaires including Coinbase CEO Brian Armstrong and MicroStrategy executive Michael Saylor, as well as Dogecoin enthusiast Elon Musk, are among the elites who have benefited the most from Donald Trump’s win yesterday, with many more poised to gain in future Musk, who was one of Trump’s biggest financial backers, reportedly saw his net worth jump over 7.5%, or $20 billion, in one day to reach about $286 billion. Meanwhile, Coinbase shares surged 31% in the 24 hours after Trump’s election win, boosting Armstrong’s net worth by some $2.6 billion to about $11 billion. Coinbase is the leading US crypto exchange platform, and stands to benefit from a potential tsunami-like surge in trading activity if Trump delivers on his promise to make the US the crypto capital of the world. Saylor, who has led his company’s aggressive accumulation of the largest crypto by market cap, also saw impressive gains in the last 24 hours after BTC set a new all-tim...

Bitcoin, meme coins and Coinbase shares soared after Donald Trump won the US election, even as tokens linked to the incoming president nosedived. JUST IN 🚨: Coinbase $COIN soars by more than 30%, its largest gain in history 📈 pic.twitter.com/L7QuNzWAuS — Barchart (@Barchart) November 6, 2024 BTC soared more than 10% f rom an opening price of $67,850.01 yesterday to trade at $74,756.42 as of 2:40 a.m. EST. Meanwhile, meme coins stole the show with a 13% surge in their collective market cap. And the post-election gains were not limited to crypto tokens, with the share price of Coinbase, the leading US crypto exchange, soaring over 31% during yesterday’s trading session. Small-Cap Meme Coins Rally After Donald Trump Win Smaller-cap meme coins were the top gainers in the lighthearted sector of the crypto market. Following an impressive 301% gain, AMATERASU OMIKAMI (OMIKAMI) claimed the title of the best 24-hour performer in the meme coin market....

Top US-based crypto exchange Coinbase is teasing its new wrapped version of Bitcoin (BTC) to Ethereum (ETH) layer-2 scaling solution Arbitrum (ARB). In a new announcement on the social media platform X, Coinbase Assets tells its audience that Coinbase Wrapped Bitcoin (cbBTC) is “coming soon” to the smart contract platform Arbitrum. Earlier this month, Coinbase announced the launch of cbBTC, a token that would allow holders of the crypto king to access decentralized finance (DeFi) protocols over the Ethereum and Base blockchains. At the time, Coinbase said cbBTC would be compatible with several prominent DeFi platforms, including Aave (AAVE), Curve FInance (CRV), Compound Finance (COMP), Moonwell (WELL), and Maple Finance (MPL). In an accompanying blog post, Coinbase explained how cbBTC would streamline the DeFi experience of BTC holders. “cbBTC removes a key point of friction by allowing customers to use Bitcoin they already hold in new ways on...

US SEC Chair Gensler reaffirms Bitcoin (BTC) is not a security under current regulations. SEC plans new regulations for DeFi and trading systems to protect investors. Crypto firms, including Coinbase, push back against expanding regulatory scope. In recent statements, SEC Chairman Gary Gensler has firmly reiterated that Bitcoin is classified as a non-security under existing SEC regulations. His comments came during an interview on CNBC’s “Squawk Box.” Gensler emphasized the importance of regulatory clarity, insisting that while many firms have benefitted from the public’s growing interest in cryptocurrencies, they often resist the regulations designed to ensure market integrity. In the interview, Gensler noted that the SEC’s role is to foster trust in the market, stating, “Innovations do not develop in the long term unless they also build trust.” He referenced the significant losses and bankruptcies that have occurre...

Coinbase will allow users to send money globally via popular messaging apps like WhatsApp, iMessage, and Telegram. The transactions are instant and free, breaking down geographical barriers. To facilitate these transfers, both the sender and receiver need the Coinbase Wallet. Cryptocurrency exchange giant Coinbase yesterday rolled out a groundbreaking service, allowing users to send money globally through well-known messaging and social media platforms. The move aims to provide greater utility to its digital wallet and attract new users amidst a thriving crypto market. Global money transfers using messaging apps Coinbase now enables customers to send money global ly through widely used messaging apps such as WhatsApp, iMessage, and Telegram. This move allows for seamless transactions, breaking down geographical barriers. Users can send money to recipients in different countries, and the settlement of transfers is both instant and free of charge. Coinb...

Reports suggest that Coinbase has already disabled users from signing on to the exchange while prompting them to download the Coinbase Wallet instead. As a result, Coinbase plans to discontinue its services in India from September 25 onwards. The exchange has also advised its Indian customers to withdraw any funds that they have in their accounts. advertisement Coinbase ’s decision to withdraw from India comes after an 18-month-long endeavor to reintroduce its services in the country. Despite their efforts, the company has faced significant challenges in gaining the approval of local authorities. This struggle has resulted in the departure of at least two prominent executives, including Durgesh Kaushik, who joined as Senior Director for Market Expansion last year. Note that Coinbase is also an investor in Indian crypto exchanges such as CoinSwitch Kuber and CoinCDX. While Coinbase is probably looking for an exit from India, it continues to work on expanding its s...

Unstoppable Domains now allows owners of .crypto, .polygon and other Web3 usernames to send messages to each other through multiple messaging apps. Unstoppable Domains (UD) has launch ed an instant messaging system for owners of Web3 usernames, according to an Aug. 23 announcement from principal engineer Aaron Quirk. Owners of .crypto, .wallet, .polygon or other UD-registered usernames can now message each other across most apps that use XMTP, including the UD iOS app and website, Coinbase Wallet, and Lens protocol apps such as Lenster and Buttrfly. The announcement clarified that the Android version of UD will not provide messaging at launch but will provide this feature soon. Unstoppable Messaging is here. Built on top of @xmtp_, now you can easily send and receive DMs with your Web3 domain. Message any wallet address or domain on XMTP-enabled platforms, including @CoinbaseWallet and @LensProtocol apps.https://t.co/oEiHMrtUiZ pic.twitter.com/DbFIjTAa7E — unstoppable.x (@uns...

Decentralized exchange (DEX) LeetSwap, operating on Coinbase’s Base network, has temporarily halted trading due to concerns over a potential exploit .  According to an Aug. 1 tweet from LeetSwap, the exchange detected suspicious activity in some of its liquidity pools and decided to pause trading immediately to conduct an investigation. The DEX is currently collaborating with renowned on-chain security experts to recover the locked liquidity. As our DEX is forked from Solidly, our factory had a security pause function. We noticed that some pool liquidity might have been compromised and we temporarily stopped the trading to investigate. — LeetSwap (@LeetSwap) August 1, 2023 While LeetSwap did not share specific details, blockchain analysts have shed some light on how the exploit might have occurred. According to Igor Igamberdiev, the head of research at algorithmic market maker Wintermute, the attacker likely utilized an exposed smart contract function to manip...

According to a recent court order issued on Thursday, June 29, the United States Securities and Exchange Commission (SEC) is scheduled to deliver its response to Coinbase’s initial legal defense on July 13. The SEC has also filed a request with the court, seeking a three-business-day extension, as mentioned in a legal document filing. Taking a stronger position Coinbase’s legal counsel argued in a recent court letter that the company has presented various defense s in response to the SEC’s complaint, including claims of due process violation and abuse of discretion. They further contended that there is a fundamental issue with the SEC’s case, which the chair acknowledged two years ago, asserting that Coinbase should be entitled to judgment on the pleadings as the subject matter falls outside the SEC’s authority.  As a result, a conference has been scheduled for July 13, during which the judge will decide whether Coinbase will be allowed to proceed ...

“Regarding the SEC complaint against us today, we’re proud to represent the industry in court to finally get some clarity around crypto rules,” his opening statement in the longform Tweet reads. advertisement Regarding the SEC complaint against us today, we're proud to represent the industry in court to finally get some clarity around crypto rules. Remember: 1. The SEC reviewed our business and allowed us to become a public company in 2021. 2. There is no path to "come in and… — Brian Armstrong 🛡️ (@brian_armstrong) June 6, 2023 Recommended Articles Crypto Presale Projects For 2023 To Invest; Updated List Must Read Best Crypto Exchange Affiliate Programs In 2023 Must Read ...

Coinbase Derivatives Exchange’s institutional-sized contracts will be sized at 1 Bitcoin and 10 Ether. As the cryptocurrency industry faces regulatory challenges in the United States, public crypto exchange Coinbase is moving forward with its futures contracts. On June 1, Coinbase revealed its plans to introduce Bitcoin (BTC) and Ether (ETH) futures contracts on June 5 through its Commodity Futures Trading Commission-regulated derivatives exchange. The futures contracts will be targeted toward institutional investors. According to Coinbase, the newly announced institutional-sized contracts will have a specific size of 1 Bitcoin and 10 Ethereum. This sizing is intended to enable clients to effectively manage their exposures in the market. The decision to launch these products was driven by the feedback received by the exchange following the introduction of its nano Bitcoin (BIT) and nano Ether (ET) contracts. In addition, Coinbase stated that its Derivatives Exchange will be dedicat...

Following the fallout of FTX, implementing zero fee BTC trading and some notable global acquisitions Binance’s market dominance has surged throughout 2022. During a year plagued by crises such as the collapse of FTX and Celsius, data shows that crypto exchange Binance has emerged as the clear “winner” of 2022 according to Arcane Research. A Jan. 3 report from Arcane highlighted that Binance saw its market dominance soar throughout 2022. As of Dec. 28 last year it had captured 92% of the Bitcoin (BTC) spot market and 61% of the BTC derivatives market by volume: “There are no other evident ‘winners’ of 2022 other than Binance when it comes to the crypto market structure and market dominance. No matter how you look at it in terms of trading activity, Binance is the crypto market.” Binance’s BTC spot market dominance was 45% at the start of 2022 meaning that it more than doubled, while its share of the BTC derivatives market increased by almost one third. Real BTC daily volume vs Binanc...