Coinbase axes plans to expand into Turkey

December 2, 2024 Coin Telegraph

Blockchain

The reversal comes just three months after the US-based crypto exchange submitted its pre-application to the Turkish government.

Cryptocurrency exchange Coinbase has withdrawn its pre-application for entry into the Turkish crypto market, according to documents released by the Turkish Capital Markets Board (CMB).

Coinbase had previously joined several prominent enterprises seeking entry into Turkey’s cryptocurrency market with more than 90 companies submitting applications in the past year.

Documentation indicating Coinbase’s withdrawal and request for liquidation. Source: Ahmet Karaca

Microstrategy Acquired 258,320 BTC in 2024, Adding B in Shareholder Value

Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

Coinbase CEO Calls D.O.G.E to Address AML Regulation Failure

December 2, 2024 Bitcoin.com

bitcoin.com

Coinbase CEO Brian Armstrong has commented on the sorry state of anti-money laundering (AML) regulation and its ineffectiveness in preventing crime. In social media, Armstrong highlighted the poor performance of these regulations, stating these constituted a “police failure.” Linking them to the harm caused to victims of the so-called Operation Chokepoint 2.0, Armstrong stressed these […]

Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

Coinbase Terminates USDC Yield Program for Users in the European Economic Area Citing New EU Regulations

November 30, 2024 The Daily Hodl

coinbase

The top US-based crypto exchange by trading volume is ending its USDC Rewards program for European users. According to a screenshot shared by Marina Markezic, Coinbase is letting European Economic Area (EEA) clients know that USDC staking is coming to an end due to Markets in Crypto-Assets (MiCA) regulations. “MICA is kicking in -> Sunsetting […]

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Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

Coinbase CEO Says Elizabeth Warren and Gary Gensler Tried To Kill Crypto Industry As Debanking Revelations Swirl

November 29, 2024 The Daily Hodl

Brian Armstrong

Coinbase CEO Brian Armstrong says Massachusetts Senator Elizabeth Warren and U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler wanted to destroy the crypto industry. In a post on social media platform X, Armstrong says Warren and Gensler possibly broke the law in their attempt to decimate crypto. “Warren and Gensler tried to unlawfully kill […]

The post Coinbase CEO Says Elizabeth Warren and Gary Gensler Tried To Kill Crypto Industry As Debanking Revelations Swirl appeared first on The Daily Hodl.

Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

Europe’s Coinbase users frustrated as MiCA forces sunset of USDC yield

November 29, 2024 Coin Telegraph

Circle

Some Coinbase users are airing frustrations at the region’s MiCA laws, which are forcing the exchange to stop offering yields on USDC in the European Economic Area.

Coinbase users in Europe shared frustrations over the region’s crypto regulations after the exchange said it is ending its yield offering on the dollar-pegged stablecoin USD Coin (USDC) for some users.

In a Nov. 28 email that multiple recipients posted on X, Coinbase said due to the European Union’s Markets in Crypto-Assets (MiCA) laws for stablecoins, it “will be sunsetting the USDC rewards program” on Dec. 1.

The change will affect customers in the European Economic Area (EEA), a 30-nation bloc that includes all 27 EU member states along with Iceland, Norway and Liechtenstein. The email said those eligible will still accrue rewards for the next two days until Nov. 30.

Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

Coinbase Explores Blockchain Partnership With Kenya’s Safaricom

November 25, 2024 Bitcoin.com

bitcoin.com

Coinbase is reportedly exploring a partnership with Safaricom to enhance M-PESA with blockchain technology. This move aligns with Coinbase’s broader strategy of promoting crypto adoption in Africa, particularly in Kenya and Nigeria. Coinbase is also working with the Kenyan government to foster blockchain development and education. While regulatory uncertainties have previously hindered Coinbase’s operations in […]

Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

Ripple CEO Predicts US Crypto Boom, 76% of KOLs Shilled Worthless Meme Coins, and More — Week in Review

November 24, 2024 Bitcoin.com

bitcoin.com

Ripple CEO predicts US crypto boom, study shows 76% of KOLs promoted worthless meme coins, Coinbase CEO strongly endorses D.O.G.E., and more in this Week in Review. Week in Review Ripple CEO Brad Garlinghouse forecasted a major U.S. crypto boom, driven by potential regulatory shifts from a seemingly friendlier SEC. A Coinwire study exposed that […]

Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

FLOKI Flourishes As Coinbase Adds Support for Dogecoin (DOGE)-Rivaling Memecoin

November 22, 2024 The Daily Hodl

Altcoins

A dog-themed meme asset that rivals Dogecoin (DOGE) and Shiba Inu (SHIB) is flourishing after gaining support from top US-based crypto exchange platform Coinbase. In a new thread on the social media platform X, Coinbase says it’s adding support for Floki (FLOKI), a memecoin launched in 2021 inspired by billionaire Elon Musk’s pet dog. “Coinbase […]

The post FLOKI Flourishes As Coinbase Adds Support for Dogecoin (DOGE)-Rivaling Memecoin appeared first on The Daily Hodl.

Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

Gary Gensler is leaving the SEC, but replacement will face scrutiny

November 22, 2024 Coin Telegraph

Coin Telegraph

Crypto users celebrated as SEC Chair Gensler announced his resignation, but Trump’s nominee will face confirmation hearings in the US Senate.

On Nov. 22, United States Securities and Exchange Commission (SEC) Chair Gery Gensler announced that he will step down from his position on Jan. 20.

He is widely regarded as one of the most “anti-crypto” SEC chairs in history, and crypto users are celebrating his departure on X.

However, the new pick for SEC Chair will face scrutiny in the US Senate, which must confirm any nominee.

Microstrategy Acquired 258,320 BTC in 2024, Adding $14B in Shareholder Value

Brian Armstrong Proposes US Sovereign Wealth Fund That Pays Americans Dividends Through Elon Musk’s D.O.G.E.

November 19, 2024 The Daily Hodl

Brian Armstrong

Coinbase co-founder and CEO Brian Armstrong is proposing a plan that would pay dividends to Americans while making the size of the government leaner. Armstrong says on the social media platform X that President-elect Donald Trump’s proposed Department of Government Efficiency (DOGE) is a “once in a lifetime opportunity” to “cut the size of government […]

The post Brian Armstrong Proposes US Sovereign Wealth Fund That Pays Americans Dividends Through Elon Musk’s D.O.G.E. appeared first on The Daily Hodl.

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