The nation's largest crypto exchange, Coinbase, endorsed the idea of a U.S. bitcoin strategic reserve Friday, part of a wide-ranging blog post on "economic freedom" from CEO Brian Armstrong, shared in advance exclusively with Axios.
Coinbase CEO Brian Armstrong proposes a US Bitcoin reserve for strategic economic advantage amid growing policy discussions.
At 24 years old, Pryce Yebesi already has one exit: selling his crypto invoicing company Utopia Labs to Coinbase for an undisclosed amount. Some
Stars cannot align more positively for crypto in the U.S., the world's largest economy, if the latest media reports are anything to go by. Still,
Furthermore, instead of issuing these loans on a blockchain even remotely related to Bitcoin (such as Bitcoin sidechains or Bitcoin L2s), Coinbase is issuing them through Morpho Labs, a DeFi platform best described as an AAVE competitor. While Morpho is a well-established platform—and I don’t doubt its security—it has no connection to Bitcoin.
A federal appeals court says the U.S. Securities and Exchange Commission needs to better explain why it turned down a request from Coinbase to develop regulations to cover the booming crypto asset sector — although the judges stopped short of reversing the agency's decision.
XRP, the third-largest cryptocurrency by market value, has replaced bitcoin (BTC) as the most-traded digital asset on Coinbase (COIN), the
Coinbase launches Bitcoin-backed loans via Morpho, aiming to tap $45B market by 2030 with accessible, secure, on-chain lending.
Coinbase's setup caps each borrow at $100,000 in USDC. To borrow that much money customers will need to post more than that amount of bitcoin. Morpho will start liquidating the collateral if the loan-to-value ratio flies too close to the sun.
On Monday, the U.S. Court of Appeals for the Third Circuit issued the attached opinion requiring the SEC to provide a more complete explanation
Coinbase has launched Bitcoin-backed loans for U.S. users, allowing them to borrow up to $100,000 in USDC using Bitcoin as collateral.
The U.S. Securities and Exchange Commission (SEC) has been put on blast by a federal appeals court, which has demanded the agency justify its decision to block Coinbase’s 2022 petition for clear crypto regulations.