Cambodia has intensified its digital assets regulatory measures It has placed a ban on 16 popular cryptocurrency exchange platforms Cambodia has reportedly blocked the websites of 16 crypto exchanges amid regulatory efforts to combat potential crypto-related crime. Among those blocked are Binance and Coinbase. Binance is the world’s largest cryptocurrency exchange by trading volume and
Gurbir Grewal was the enforcement chief at the US Securities and Exchange Commission (SEC) He joins international law firm Milbank as a partner in its litigation and arbitration practice Brian Armstrong has said that Coinbase won’t work with law firms if they hire people who worked against the crypto industry during their time in government.
Peanut the Squirrel (PNUT) has jumped more than 30% in the past 24 hours, bouncing from under $1 amid positive news. The PNUT meme coin price hovered near $1.29 on Wednesday afternoon, up from lows of $0.98. Bulls saw its value rise to intraday highs of $1.38. Coinbase adds PNUT to roadmap PNUT price spiked
Parcl (PRCL), the native token of Solana-based real estate DEX project Parcl, has dipped 20% in the past 24 hours. The declines come as traders likely take profits following the notable spike on Dec. 17. At the time of writing, PRCL traded around $0.46, down 20% from its 24-hour peak of $0.58 and off the
A US federal judge has allowed Coinbase to delist WBTC despite BiT Global’s objections. Judge Martínez-Olguín denied BiT Global’s TRO, citing lack of evidence of harm. Despite the delisting and Coinbase launching cbBTC, WBTC dominates the wrapped digital assets market with an 85% share. In a pivotal legal decision, a California federal judge has ruled
Coinbase can now seek guidance from the Second Circuit Court of Appeals to determine if the SEC’s complaints against it are valid The SEC first filed a complaint against Coinbase in 2023, arguing that it operated as an unregistered brokerage in violation of federal securities laws Coinbase has been granted an interlocutory appeal, temporarily pausing
A three-judge panel from the US Court of Appeals for the Third Circuit has demanded the SEC explain why it didn’t respond to Coinbase’s requests for clear regulations A recent ruling by the panel has called the US Securities and Exchange Commission’s (SEC) actions “arbitrary and capricious” The US Court of Appeals for the Third