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US cryptocurrency giant Coinbase has announced that it has become registered as a restricted dealer in Canada with the Canadian Securities Administrators.
BASE, Coinbase’s Layer 2 chain, has seen a rapid spike in daily transactions in recent days as market participants get drawn to the meme coin frenzy towards tokens related to its ecosystem.
Base, the Ethereum layer-2 network developed by Coinbase, has surpassed $1 billion in trading volume on decentralized exchanges (DEX) within a 24-hour period.
U.S. District Court Judge ruled on SEC v. Coinbase today, arguing crypto is not as important as other economic sectors and the SEC regulation by enforcement is ok in U.S.
Five key developments demand our attention: Base’s emergence as a powerhouse Layer-2 solution, the economically significant rise of memecoins, the strategic importance...
(Reuters) -A federal judge in Manhattan on Wednesday said the U.S. securities regulator's lawsuit against Coinbase can move forward, but dismissed one claim the agency made against the largest U.S. cryptocurrency exchange. U.S. District Judge Katherine Polk Failla partly granted Coinbase's motion to dismiss the Securities and Exchange Commission's lawsuit alleging the company is flouting its rules. While the decision is a partial win for Coinbase in what could be a lengthy and expensive court battle, it largely blesses the SEC's approach to cryptocurrency and agrees with other judges who have sided with the regulator.