China to gain most from restrictive US crypto regulations: Coinbase CEO

    The Coinbase CEO has been hugely critical of the U.S. failure to provide the crypto industry with regulatory clarity and has long argued it will push firms offshore. “Adversary nations” like China could ultimately benefit from restrictive crypto policies in the United States, warns Coinbase CEO Brian Armstrong. In a May 30 op-ed for MarketWatch,…

    Coinbase to roll out ‘Moving America Forward’ national campaign for crypto

    The ads will emphasize the financial innovations facilitated via crypto and raise awareness for Coinbase events and lobbying efforts. United States crypto exchange Coinbase is rolling out another national ad campaign in America focusing on the “critical” role that crypto will play in modernizing the global financial system. In a May 22 blog post, the…

    Ledger CEO says ‘sharded’ wallet keys could be shared if subpoenaed

    The private seed phrases of Ledger users could be shared with governments if they are ordered to, but this is “not a real concern,” says CEO Paul Gauthier. Pascal Gauthier, the CEO of Ledger, has confirmed that the private seed phrases of users who opt into Ledger’s controversial new Recover upgrade could, in theory, be handed over…

    Coinbase launches zero trading fee subscription service

    Coinbase’s new subscription service, “Coinbase One,” is expected to roll out across 35 countries in the near future. Cryptocurrency exchange Coinbase is set to launch its subscription service called “Coinbase One” across 35 countries. Initially, only customers in the United Kingdom, Germany and Ireland will have access to Coinbase One. According to the May 18 announcement,…

    ‘The SEC’s actions have crippled a nascent industry’ — Paradigm requests amicus brief for Coinbase

    According to Paradigm, the SEC’s lack of a clear path for crypto firms to register could lead to a “de facto ban on digital asset trading platforms.” Paradigm, the crypto investment firm led by Coinbase co-founder Fred Ehrsam, has petitioned to file an amicus brief in support of Coinbase’s case against the United States Securities…

    Coinbase calls Pepe a ‘hate symbol,’ prompting calls to boycott the exchange

    An email newsletter sent out to Coinbase customers on May 10 caused significant backlash from the Pepe community. An email sent out to Coinbase customers describing the Pepe meme as a “hate symbol” co-opted by alt-right groups has drawn significant ire from the PEPE memecoin community. Prominent crypto influencer Borovik.eth shared a screenshot of the email newsletter…