Coinbase’s Grewal Is ‘Quite Hopeful’ That Bitcoin Spot ETFs Will be Approved
Grewal said in a CNBC interview that he is “confident” that after SEC will fulfill its responsibilities in making a decision about the approval of the ETF applications.
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Coinbase
Grewal said in a CNBC interview that he is “confident” that after SEC will fulfill its responsibilities in making a decision about the approval of the ETF applications.
Forthcoming European laws known as MiCA will allow the exchange to serve the entire EU bloc with a single license.
“We continue to view COIN’s consumer take rate as being at risk of compression due to competition for market share within a lower volume crypto space,” the bank said.
As the U.S. crypto exchange called the recent IRS proposal for taxing crypto “incomprehensible,” the tax agency flagged that the industry isn’t paying its fair share.
The market for tokenized U.S. Treasuries has grown sixfold this year to $666 million, according to a real-world asset data provider.
The target audience is restaurant users, but the blockchain-based project comes with its own “Flypaper” and fungible FLY tokens.
“To distract from the fatal flaws in its legal arguments, Coinbase cries foul and seeks to blame the SEC for its current legal predicament,” the SEC said in a Tuesday court filing.
Binance’s liquid staking ether (ETH) saw a sudden $500 million burst of inflows over the weekend, pushing its total locked value (TVL) to $1.2 billion.
The firm has registered as a crypto exchange and custody wallet provider.
Coinbase had showed recent interest in acquiring FTX Europe. (Claudio Schwarz/Unsplash)