Coinbase
The New Crypto Bill Gary Gensler Doesn’t Want You to Know About
U.S. law doesn't let appointed regulators override elected official. But the SEC head may be doing exactly that.

ADA Falls After SEC Lists Token as Security in Lawsuits Against Binance and Coinbase
Cardano (ADA) fell 14% this week after it was listed as a security in the U.S. Securities and Exchange Commission's lawsuits against crypto exchanges Binance and Coinbase. This comes as Cardano development company IOG dismissed the SEC's claims in a blog post, saying the allegations have no impact on operations and that the filing quote contains numerous factual inaccuracies. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

SEC’s Gensler Rebuffs Crypto Complaints, Says Gave Ample Warning Heat Was Coming
Gary Gensler, chair of the U.S. Securities and Exchange Commission, delivered a speech explaining his thinking after hammering Coinbase and Binance in back-to-back actions.

Coinbase Shares Are 'Uninvestable' in the Near Term: Berenberg
The investment bank cut its price target on the stock to $39 from $55.

Coinbase Not Shutting Down Staking Service, CEO Armstrong Says
Crypto exchange Coinbase (COIN) will continue operating its crypto staking service despite facing lawsuits from state and federal regulators over the program and several of its other offerings, Coinbase CEO Brian Armstrong said Wednesday at the Bloomberg Invest Conference. Plus, a letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case because he once offered to be an "informal advisor." CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the latest developments.

Bain Capital Exec on U.S. Crypto Regulation Outlook Amid Binance, Coinbase Legal Woes
The U.S. Securities and Exchange Commission (SEC) cracked down on heavyweight cryptocurrency exchanges Binance and Coinbase (COIN) this week. TuongVy Le, Bain Capital Crypto Partner and Head of Regulatory and Policy, joins "First Mover" to discuss the latest developments and the future of crypto regulation in the United States.

‘Stand With Crypto’ NFT Spreads Across Crypto Twitter Amid SEC Crackdown
After the SEC announced separate lawsuits against Binance and Coinbase this week, figures across the crypto space have been minting Coinbase’s “Stand with Crypto” NFT to show their support.

Coinbase CEO Armstrong Says Not Shutting Down Staking Service
The country’s largest exchange will continue to offer staking services despite facing lawsuits over the service from federal and state regulators.

Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted
The companies’ top lawyers testified in a House crypto hearing that they spent months trying to get the SEC to help them comply before being rebuffed.
