Tag: Coinbase

Coinbase Fined $3.6 Million by Central Bank of the Netherlands for Lack of Registration

De Nederlandsche Bank (DNB), the central bank of the Netherlands, has fined Coinbase 3.3 million euros ($3.6 million) for failing to comply with local regulations for financial service providers, according to a Reuters report on Feb. 26. January The report states that Coinbase has failed to complete the necessary registrations to offer services in the Netherlands. Before starting operations in the country, DNB said it took into account Coinbase's size as a company and the fact that it has “Many...

Coinbase Volume Increases in January While Other Exchanges Drop: JPMorgan Reports

Trading volume on Coinbase rose in the early weeks of 2023 while other exchanges continued to decline. According to analysts at JPMorgan, this could be a sign that Coinbase's reputation as a trusted exchange is returning. After the fall of FTX The US crypto exchange has seen a slight increase in average daily volume (ADV) to $1.6 billion so far in January. which was an increase of 0.3% from the previous quarter. In comparison, other US exchanges such as Kraken...

Crypto stock prices soar!! : Coinbase up 69%, MicroStrategy up 74% since hitting bottom

Web trading stock price Cryptocurrency Coinbase is up 69% since hitting an all-time low. and other crypto-related stocks and business intelligence firms. MicroStrategy Coinbase's stock price dropped as low as $31.95 on Jan. 6, before rising to $54.14 at the close of trading on Jan. 17. The soaring share price should come as a huge relief for Coinbase executives after a 2022 slash of 20% of its workforce and the decision to end operations in Japan. But despite the rapid...

Relative of former Coinbase manager jailed for 10 months for insider trading

Nikhil Wahi, brother of former Coinbase product manager, sentenced to 10 months in prison for conspiracy to commit electronic fraud It could be the first insider trading case involving cryptocurrency followreportReuters' Nikhil Wahi admittedpleaded guilty in septemberCoinbase said the trade was based on confidential information received from his brother, Ishan Wahi, a former Coinbase product manager. Ex-Coinbase manager's brother sentenced to 10 months in insider trading case https://t.co/Kyy6DqSb9D pic.twitter.com/ruQjwr5i4h— Reuters (@Reuters) January 10, 2023 Nikhil Wahi Admits to Insider Trading...

Where Can I Buy Digital Gold Cryptocurrency?

There are many factors to consider while purchasing cryptocurrencies, including the protocol and region. The difficulty of acquiring a specific cryptocurrency varies. One of them is gold-backed money. It's possible to purchase Gold Backed Currency in various ways. You can check out the Profit Edge if you want to know more information related to crypto investments. If you intend to participate in the gold-backed cryptocurrency market, you may ask where to get them. Fortunately, we have your back. We will...

Currency: Penalty accepted: Coinbase pays $100 million

currency Fine accepted: Coinbase pays $100 million The Coinbase app logo can be seen on a cell phone screen. photo © Richard Drew/AP/dpa The crypto exchange Coinbase is said to have not sufficiently checked customers for possible criminal money laundering before opening accounts. Now the company agrees to a multi-million dollar settlement. The largest US crypto exchange Coinbase has accepted a multi-million dollar fine for allegedly lax anti-money laundering measures in the state of New York. The company is paying...

Coinbase Asks Customers to “Convert USDT to USDC” as it is a More Reliable Stablecoin

Coinbase Exchange Company cryptocurrency in the united statesplease Client converts USDT to USDC, a stablecoin issued by Circle and co-founded by Coinbase in 2018. Switch to a trusted stablecoin: USD Coin (USDC). Now convert Tether (USDT) to USDC with zero fees.https://t.co/OObSqNWdpj— Coinbase (@coinbase) December 8, 2022 The exchange believes that USDC is a much safer alternative. After the FTX crash event and also waived any fees to convert USDT to USDC on the platform. “We believe that USD Coin (USDC)...