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The US Court of Appeals demands the SEC clarify its stance on a rule-making petition from Coinbase within 7 days, highlighting the necessity for regulatory guidance in the rapidly growing realm of cryptocurrencies. This order coincides with the SEC’s ongoing lawsuit against Coinbase, making the future of cryptocurrency regulation uncertain, impacting all stakeholders involved.

Coinbase navigates international expansion amidst US regulatory challenges, praising European Union and United Kingdom for their comprehensive approach to crypto regulation. Its aggressive global expansion highlights the need for US regulators to adopt a more proactive approach towards crypto regulation.

Coinbase launches a television campaign to promote the future of crypto, comparing its growth to the early days of the internet. CEO Brian Armstrong addresses national security concerns and the ongoing battle with US regulators, as the platform aims to raise awareness and understanding of the flourishing industry.

Coinbase praises Canada’s regulatory clarity and engagement in contrast to the ambiguous U.S. regulations, which caused enforcement action against the exchange. Canada’s Pre-Registration Undertaking regime for crypto exchanges and Binance’s exit create a significant opportunity for Coinbase to strengthen its presence in the country.

The SEC has rejected Coinbase’s request for regulatory clarity in the crypto industry, stating that no statute requires them to act within a specific timeline. This highlights the ongoing struggle between the crypto industry’s demands for clarity and the cautious stance taken by financial authorities like the SEC.

Coinbase launches its Global Advisory Council, including former US lawmakers Patrick Toomey, Tim Ryan, and Patrick Maloney, to navigate crypto regulations. The council aims to collaborate with regulators, shaping the future of cryptocurrency and bridging the gap between regulators and innovators.

The US Chamber of Commerce criticizes the SEC for its disorganized approach to regulating cryptocurrencies, creating a precarious environment for crypto companies. The Chamber pressures the SEC to provide clearer guidelines, as tensions between the SEC and crypto companies like Coinbase emphasize the need for regulatory clarity.

The SEC’s proposed revisions to RIA custody rules have been met with pushback from Coinbase, who asserts that the regulation unfairly targets crypto and fails to protect all asset classes, including cryptocurrencies. Coinbase legal chief, Paul Grewal, has called for several changes to ensure adaptability and protection of future investments.

Coinbase, the largest U.S. crypto exchange, is transitioning from solely a crypto exchange to a crypto-enabled banking service, according to Ripple board member Asheesh Birla. The shift could see Coinbase expand into financial services that encompass broader applications of blockchain technology, aiming to work with regulators and modernize the financial system.

Coinbase opens a derivatives exchange in Bermuda amid stringent U.S. crypto regulations under SEC’s Gary Gensler. The SEC has blocked new services like Earn and a staking platform, prompting Coinbase’s international expansion efforts.

Coinbase plans to open a derivatives exchange in Bermuda, Coinbase International Exchange, to navigate US regulatory challenges. The platform will offer traders Bitcoin and Ether perpetual futures contracts with up to 5x leverage, hoping for more progressive US crypto regulations.

The crypto exchange Coinbase unveiled the Coinbase International Exchange (CIE), an institutional platform for crypto derivatives trading. Launching in Bermuda, CIE will initially list Bitcoin and Ether perpetual futures, with all trading settled in USD Coin. This development could impact future cryptocurrency regulations and influence jurisdictions like Bermuda seeking to attract crypto businesses.

Coinbase faces regulatory uncertainty in the US, resulting in Citi downgrading its stock rating and hindering its growth. Despite being a category leader, Coinbase must not only maintain its business but also advocate for a regulated and secure cryptocurrency industry, balancing innovation and compliance.

The SEC accuses Coinbase of non-compliance in the registration as a securities exchange, an accusation Coinbase counters by declaring cryptocurrency transactions don’t resemble traditional investment contracts. The lawsuit’s pivot point is the interpretation of the “Howey test” for classifying assets as securities. Coinbase maintains the assets on its platform are not securities and exist outside SEC’s jurisdiction.

“The SEC and Coinbase are in court, debating securities registration for crypto assets. Meanwhile, Argentina’s presidential candidates propose differing cryptocurrency solutions to economic issues: introducing a digital currency or supporting Bitcoin and abolishing the central bank.”

“The SEC has expressed concern over Celsius Network’s plan to engage Coinbase for its revival. Sec regulators insist on rigorous scrutiny of the agreement, citing undisclosed terms and potential legal complications. Celsius, recovering from previous SEC charges, remains hopeful for court approval.”

Coinbase’s CEO, Brian Armstrong, urges decentralized finance (DeFi) protocols to establish legal precedence amidst the unclear regulatory environment. This move, according to Armstrong, is crucial to prevent the crypto industry from being directed towards foreign jurisdictions. His comments follow enforcement actions by the U.S. CFTC on DeFi companies for purported illicit trading activities.

COIN recently launched a crypto lending venture exclusively for US institutional clients, attempting to fill a gap left by setbacks from Genesis and BlockFi. With $57 million already contributed through Coinbase’s Prime Service, this program allows institutions to lend digital assets under standardized terms for a Regulation D exemption. The loan system sees collateral exceeding loan value in return, aiming to facilitate economic freedom and trust in the crypto world.