British Government Won’t try to Stop Facebook’s new Libra Digital Coin

Libra Digital Coin

Regulators, not lawmakers, should decide whether Facebook needs a banking license to launch the new digital currency Libra, according to Philip Hammond, Britain’s outgoing finance minister. Hammond also told CNBC on Monday that the British government will “engage” with Libra and won’t try to stop it. This week in the U.S., Senate and House committees […]

Dai (DAI) is Now Available on Coinbase


Starting today, Coinbase supports Dai (DAI) at and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store DAI. DAI will be available for customers in most jurisdictions, but will not initially be available for residents of the state of New York. According to the DAI whitepaper, DAI […]

Ethereum Developer ConsenSys Partners With AMD To Bolster Blockchain Industry

Although the crypto market has stagnated, the startups driving the blockchain boat have continued to forge ahead with their efforts. Reports indicate that ConsenSys, a key participant in the nascent Ethereum ecosystem, has partnered with a leading American multinational semiconductor conglomerate to produce blockchain-friendly hardware and software. AMD And Blockchain Group ConsenSys Join Hands On […]

McAfee Unfazed After SEC Says Promoting ICO Without Disclosing Pay is Fraud

The impassioned crypto community on Twitter, specifically prominent commentators and analysts, took up arms over the weekend, as the U.S. Securities and Exchange Commission (SEC)’s indictment of DJ Khaled and Floyd Mayweather became an industry flavor of the month. But why? SEC Fines DJ Khaled, Floyd Mayweather In ICO Ruling Per previous reports from NewsBTC, last week, […]

Coinbase Continues to Explore Support for New Digital Assets


Coinbase continuing to explore the addition of new assets, and will be working with local banks and regulators to add them in as many jurisdictions as possible. As Coinbase announced in September, Coinbase’s goal is to offer support for all assets that meet our standards and are fully compliant with local law. Over time, Coinbase […]

Coinbase Launches Trading Desk For Institutional Investors

Bitcoin Crash

OTC, or over-the-counter, trading occurs between two parties directly ー as opposed to over an exchange ー typically between an investment bank and its clients. “We launched our OTC business as a complement to our exchange business because we found a lot of institutions were using OTC as an on-ramp for crypto trading,” said Christine […]

Coinbase Loses Chief Policy Officer Michael Lempres


Coinbase Inc., one of the largest U.S. crypto exchanges, is losing its policy head at a time when communication between Washington and the digital money sector may never be more important. Michael Lempres, who was named the firm’s policy officer in September after serving more than a year as its legal chief, is leaving to […]

Cryptocurrency Exchange Coinbase Lays Off 15 Employees


Cryptocurrency exchange Coinbase has reportedly laid off some employees this week. The cuts have affected its customer support, compliance, and fraud departments. According to sources quoted by Yahoo Finance, more than 15 people have been released from duties, mostly remote staffers. Coinbase has confirmed the layoffs but declined to specify the number. The personnel cuts […]

Coinbase Expands with New Dublin Office


The number of Coinbase customers in the European Union (EU) grew faster than any other market in 2017. As we scale, we need to attract the best, most qualified and passionate talent to help us achieve our mission of creating an open financial system for the world. We explored a variety of cities across the […]

Coinbase Calls Japan’s Cryptocurrency Crackdown ‘good for us’


Major U.S. cryptocurrency exchange Coinbase said Japan’s tighter scrutiny of the industry will give it an advantage, signaling the company’s confidence in securing regulatory approval to enter a market rocked by hacking scandals. Japan has been considered a cryptocurrency haven for its large pool of retail investors and light-touch government policies, but regulatory oversight has […]

Coinbase Has Announced a New Listing Process

Listing Process

Coinbase has revamped its policy for listing new cryptocurrencies, replacing an ad hoc process with one the startup hopes will rapidly expand the range of assets traded on its exchange. Announced Tuesday, the new system allows almost anyone to submit a cryptocurrency through an online form for evaluation under the company’s digital asset framework. Those […]

Companies race to solve bitcoin’s security problem despite slumping prices


Start-ups are driving ahead with plans to solve the issue of custody, or having a place to securely store cryptocurrency. For institutional investors that are used to having money safely stored or FDIC insured, where they would put their high-paying clients’ cryptocurrency is said to be the biggest question mark. “Institutional investors are very interested […]

Bitcoin Price Looks North After Passing $6.4K Resistance


Bitcoin (BTC) is teasing a decent bullish move, having cleared crucial resistance a few hours ago. The leading cryptocurrency moved past $6,400 earlier today, signaling that bearish exhaustion – as indicated by Tuesday’s spinning bottom candle – is paving way for a corrective rally. Notably, the positive price action was preceded by a solid defense […]

India Crypto Exchanges: Supreme Court Hearing to be Inconsequential


While expectations and fears are mounting on an imminent Supreme Court decision about the regulator’s ban concerning cryptocurrency trade in India, the big day may not exactly be a defining one for the future of bitcoin in the country. Other questions and bypass-routes will snowball (or hairball) no matter which way the ruling swings. Crypto […]

Coinbase Explores Crypto ETF with BlackRock

San Francisco

Coinbase, the San Francisco-based cryptocurrency exchange, is exploring the creation of a crypto exchange-traded fund (ETF). It has sought help from $6 trillion asset manager BlackRock, according to Business Insider. Coinbase is known for its versatile business model that appeals to retail investors. Its services include asset management, venture capital, trading of 5 major coins, […]

42% of Top 50 Universities Offer at Least One Crypto-Related Class


A recent study by the U.S. crypto exchange Coinbase has shown that 42 percent of the world’s top 50 universities have at least one class on cryptocurrencies or blockchain. The results of the study were published on Coinbase’s official blog Tuesday, August 28. The research was jointly conducted by Coinbase and survey company Qriously. Together they interviewed 675 U.S. college students and reviewed courses […]

Mark Zuckerberg’s Sister Signs on to Serve on Cryptocurrency Exchange Huobi


Cryptocurrency exchange Huobi sent a “friend request” to a member of the Zuckerberg clan, and that friend request has been accepted. This is after Randi Zuckerberg, the elder sister to the founder of Facebook, Mark Zuckerberg, was unveiled as a member of Huobi Chain Expert Advisory Committee. The serial entrepreneur and author is currently the […]