Cathie Wood’s ARK invests in bitcoin futures ETF, sells Coinbase shares
By Manya Saini (Reuters) - Cathie Wood's ARK Invest bought 4.3 million shares of ProShares Bitcoin Strategy ETF, which is popularly known as 'BITO' and tracks the price of futures tied to the world's largest cryptocurrency, a trading note showed on
US Supreme Court takes up Coinbase arbitration dispute
By John Kruzel Coinbase: WASHINGTON (Reuters) - The U.S. Supreme Court on Friday agreed to hear a dispute over Coinbase's effort to move a dispute with users of the cryptocurrency exchange out of courts and into private arbitration, which businesses often
Coinbase kicks off grassroots campaign to advance US legislation
By Hannah Lang (Reuters) - Coinbase, the largest U.S. cryptocurrency exchange, is stepping up its grassroots advocacy campaign in a bid to advance legislation that will provide regulatory clarity for the industry, the company said. A congressional committee in July advanced a
Before suing Coinbase, SEC asked it to trade only in bitcoin
By Juby Babu NEWS: (Reuters) - The U.S. Securities and Exchange Commission (SEC) had asked Coinbase to stop trading in all cryptocurrencies except bitcoin before suing the cryptocurrency platform in June, the Financial Times reported on Monday, citing CEO Brian Armstrong. "We
Cboe refiles Fidelity bitcoin ETF application, plans Coinbase policing partnership
By John McCrank and Carolina Mandl (Reuters) - Exchange operator Cboe on Friday refiled an application with the U.S. securities regulator to launch a bitcoin exchange-traded fund by asset manager Fidelity, saying it would work with global crypto exchange Coinbase to
Coinbase, facing SEC lawsuit, says regulator lacks police power over crypto
By Jonathan Stempel NEW YORK (Reuters) - Coinbase, the largest U.S. cryptocurrency platform, said it will ask a judge to dismiss the U.S. Securities and Exchange Commission lawsuit claiming it broke the law by failing to register its business. In a letter
Crypto stocks drop after US SEC sues Coinbase for failing to register
By Manya Saini and Sinéad Carew (Reuters) - Shares of Coinbase Global fell on Tuesday and were on track for their biggest one-day percentage decline since late March after the cryptocurrency exchange found itself in the crosshairs of the U.S. securities
U.S. SEC threatens to sue Coinbase over some crypto products
People watch as the logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton/File Photo By Niket Nishant (Reuters) - The U.S. Securities
Coinbase buys digital asset firm One River Digital in growth push
A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration//File Photo By Mehnaz Yasmin (Reuters) - Coinbase Inc has acquired One River Digital Asset Management (ORDAM), the cryptocurrency exchange said on