U.S.-based crypto exchange Coinbase is considering setting up an offshore exchange due to the recent regulatory clampdown on the crypto industry, Bloomberg reported on March 17. Coinbase reportedly contacted some institutional clients to discuss setting up an alternative marketplace for global users. While the location for this exchange is undecided, Bloomberg reported that the firm…
Coinbase Exchange Company in North America Coinbase is a digital currency exchange and wallet service that allows individuals to buy, sell, and store digital currencies, such as Bitcoin, Ethereum, and Litecoin. More about Coinbase Info Twitter LinkedIn
Kraken Exchange Company in North America Kraken is a San Francisco-based digital asset exchange in euro volume and liquidity that trades various currencies, including Canadian dollars, US dollars, British pounds, and Japanese yen. More about Kraken Info Twitter LinkedIn
Coinbase announced that it would be halting its operation in Japan due to current market conditions. The exchange said in a Jan. 18 announcement that it was forced it to “make the difficult decision” to halt operations in the country and conduct a complete revision of its Japanese business. The decision comes just days after…
Coinbase, the largest cryptocurrency exchange in the U.S., announced a major restructuring plan that will help it weather the broader crypto market downturn. Brian Armstrong, the exchange’s CEO, announced today that Coinbase will lay off around 950 of its employees globally. The move will reduce the company’s operating expense by around 25% quarter over quarter…
Coinbase CEO Brian Armstrong published a Dec. 20 blueprint on regulating centralized actors in the crypto space while protecting decentralized innovations. Armstrong opined that regulating centralized entities like exchanges, stablecoin issuers, and crypto custodians would be the best thing for the industry. He said: “This is where we’ve seen the most risk of consumer harm,…
Several crypto-related stocks have seen their values plunge to new record lows despite Bitcoin’s (BTC) value gaining upward momentum over the past 30 days. GBTC discount rises to above 50% Grayscale’s Bitcoin Trust (GBTC) traded at a record discount rate of 50% on Dec. 13 following the US SEC’s defense of its refusal to approve…
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Binance has re-entered the Japanese market with its acquisition of Sakura Exchange BitCoin (SEBC), according to a Nov. 30 announcement. #Binance Acquires JFSA Registered Sakura Exchange BitCoin, Committed to Enter Japan Under Regulatory Compliancehttps://t.co/xfdnaY2hiO — CZ 🔶 Binance (@cz_binance) November 30, 2022 The Changpeng Zhao-led exchange revealed that it bought a 100% stake in the…
Disclaimer: By using this website, you agree to our Terms and Conditions and Privacy Policy. CryptoSlate has no affiliation or relationship with any coin, business, project or event unless explicitly stated otherwise. CryptoSlate is only an informational website that provides news about coins, blockchain companies, blockchain products and blockchain events. None of the information you…