
The 2024 election results are likely still days away from being called, but industry advocates are looking to the next session of the US Congress.
With polls in the 2024 United States elections closing in less than 48 hours, a political action committee (PAC) has already announced millions of dollars raised to support pro-crypto candidates in the 2026 midterms.
In a Nov. 4 notice, the Fairshake PAC reported it had received $48 million in contributions from cryptocurrency exchange Coinbase and venture capital firm Andreessen Horowitz, in addition to the $30 million the committee had “in the bank.”
Coinbase CEO Brian Armstrong announced a $25-million contribution to Fairshake on Oct. 30, and the PAC reported receiving $23 million from Andreessen Horowitz.
Coinbase chief legal officer Paul Grewal says he can see multiple instances when the Federal Deposit Insurance Corporation (FDIC) told banks to stop offering crypto-related services. In a new thread on the social media platform X, Grewal says that Coinbase uncovered the information after filing a Freedom of Information Act (FOIA) request at the FDIC, […]
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The rumors around the alleged listing fees could drive projects to decentralized trading platforms.
Some of the largest cryptocurrency exchanges allegedly ask for up to hundreds of millions of dollars for new token listings.
According to Tron founder Justin Sun, Coinbase allegedly asked for $330 million in total fees to list Tron (TRX). Sun posted on X on Nov. 4 that while Binance did not charge any fee, Coinbase requested 500 million TRX tokens (valued at around $80 million) and a $250 million Bitcoin deposit to be held in Coinbase Custody.
Coinbase listing fee allegations. Source: Justin Sun
Global investment firm Franklin Templeton’s proprietary blockchain-integrated record-keeping system Benji is now on crypto exchange Coinbase’s Base. With the development, the Franklin OnChain U.S. Government Money Fund (FOBXX) – which invests at least 99.5% of its total assets in U.S. government securities, cash and repurchase agreements – can now be traded on the Ethereum (ETH) […]
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Top US crypto exchange Coinbase is announcing a partnership with credit card giant Visa for real-time account-to-account transactions. In a new press release, the payments titan says the collaboration will allow customers in the US and EU to use eligible Visa debit cards to instantly deposit funds into their Coinbase accounts, bridging the gap between […]
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