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Bitcoin ad by Coinfloor banned by UK regulator

Bitcoin ad by Coinfloor banned by UK regulator
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Coinbase valuation pegged at US$68b ahead of landmark US listing | Money

Wednesday, 17 Mar 2021 11:06 PM MYT Representations of bitcoin and US dollar banknotes are seen in this illustration taken January 6, 2020. Reuters pic Subscribe to our Telegram channel for the latest updates on news you need to know. NEW YORK, March 17 Coinbase Global Inc, the largest US cryptocurrency exchange, said on Wednesday recent private market transactions had valued the company at around US$68 billion (RM280 billion) this year ahead of a planned stock market listing. The eye-popping valuation underscores how the perceived value of Coinbase has rallied in lock-step with the surge in the price of cryptocurrency bitcoin. In a regulatory filing, Coinbase said its shares in the private market traded at a weighted average price of US$343.58 apiece in the first quarter of 2021 through March 15, up from US$28.83 per share in the third quarter ended September 30.

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