#coinbase

Coinbase argues it doesn’t trade securities, so the SEC’s lawsuit should be dismissed

( www.theverge.com )

Coinbase argues it doesn’t trade securities, so the SEC’s lawsuit should be dismissed Illustration by Alex Castro / The VergeCoinbase is asking a judge to dismiss the Securities and Exchange Commission’s lawsuit against it. In a motion filed on Friday, Coinbase maintains that it doesn’t trade securities, rendering the SEC’s arguments invalid. The SEC sued Coinbase in June, alleging that the crypto exchange broke securities laws b…

The Verge 265 2023-08-04

Coinbase to Wind Down Lending Program Over Coming Months

( www.coindesk.com )

Coinbase to Wind Down Lending Program Over Coming Months Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that “customers care about most,” a spokesperson said.

Coindesk 208 2023-07-21

Coinbase Rally on the Back of XRP Court Ruling Is Overdone: Berenberg

( www.coindesk.com )

Coinbase Rally on the Back of XRP Court Ruling Is Overdone: Berenberg The surge in the crypto exchange’s share price was driven largely by investors who saw the decision as a representing a rejection of the SEC’s argument in the lawsuit it filed against Coinbase in June, the report said.

Coindesk 201 2023-07-14