Coinbase Reports Threefold Surge in Law Enforcement Requests, Totalling 13,079 in 2023
Coinbase has faced over 90% criminal enforcement requests from the US, highlighting growing scrutiny.
Coinbase is one of the veteran cryptocurrency exchanges. It was founded in June 2012 and since then allows its users to transact between FIAT and digital currencies. The company is based in San Francisco, USA.
Coinbase was established by Fred Ehrsam and Brian Armstrong, who’s also the current CEO. It has grown substantially since its launch, and it is currently the leading regulated US-based cryptocurrency exchange.
Apart from providing a platform for individuals, Coinbase also offers a solution for institutional investors. It’s called Coinbase Prime. The Prime platform offers more robust and complex trading tools, geared toward larger investors.
Besides, the company launched in 2018 a custody service, which provides its clients with an institutional-grade offline storage solution. It is also regulated by the New York Department of Financial Services (NYDFS) and operates as an independently capitalized entity.
It’s safe to say that Coinbase is working towards the establishment of an entire ecosystem where traders can purchase, store, and sell cryptocurrencies in a secure and regulated manner.
Coinbase has faced over 90% criminal enforcement requests from the US, highlighting growing scrutiny.
ADA-PERP, LINK-PERP, DOGE-PERP, and XLM-PERP perpetual future contracts will become available for Coinbase users on November 30.
MSTR recently reclaimed the $500 level, while COIN trade well above $100.
Bitcoin market cap swelled by 40% since October. A Coinbase report says an imminent Bitcoin ETF approval will drive billions
The total holdings value in Binance has increased despite continuous outflows.
The gaming category sees 87 deals secure the top spot even as investments remain "conservative."
Coinbase has continued to build and release new updates despite harsh market conditions.
The South Korean pension fund has seen its investment in COIN shares rise by about 40%.
Coinbase highlights that while the immediate impact of these funds may be noticeable, their long-term market influence is the true
Coinbase has taken the lead in net buying, acquiring 2.2 million SOL tokens from the market since October 18.