At the Dubai Fintech Summit many executives expressed their discontent with the US crypto regulation and gave credits to the UAE legal framework. Coinbase CEO even suggested that the UAE could serve as an international crypto hub for Coinbase.
Recently SEC was legally obliged to respond to Coinbase's writ of mandamus. Meanwhile, the regulator deleted a possible first-ever definition of digital asset from its rule and the exchange started an open letter to Congress to support pro-crypto legislation.
At the Dubai Fintech Summit many executives expressed their discontent with the US crypto regulation and gave credits to the UAE legal framework. Coinbase CEO even suggested that the UAE could serve as an international crypto hub for Coinbase.
Recently SEC was legally obliged to respond to Coinbase's writ of mandamus. Meanwhile, the regulator deleted a possible first-ever definition of digital asset from its rule and the exchange started an open letter to Congress to support pro-crypto legislation.
Coinbase announced the launch of a new platform called Coinbase International Exchange, which enables institutional users outside of the US to trade ethereum and bitcoin perpetual futures.
Coinbase publicly responded to the SEC’s Wells notice and now is trying to force the regulatory agency to respond to a petition for rulemaking that the company filed last summer aiming to get proper regulation rules for digital assets.
USDC depeged from USD after US Silicon Valley Bank collapsed. Exchanges paused their conversion as users rushed into other assets. Now the stablecoin has got back to 1:1 ration, but what’s done is done…
Coinbase has unveiled Base, its own Ethereum layer-2 network. The company sees Base as a key component of its “secret master plan”. The testnet of Base was started on Thursday. In the future the network is supposed to be a part of “Superchain”.
