Bankers sue to overturn OCC trust-bank rule used by crypto firms
Community bankers have filed a federal lawsuit against the OCC to overturn its national trust bank rule, arguing the regulator overstepped its…
Tag: Coinbase
Coinbase completes Deribit switch, ending International Exchange trading
Coinbase has completed the transition of Coinbase International Exchange to Deribit, officially ending operations on its legacy global trading platform and moving…
Bitcoin’s $113,000 case strengthens as US regulators push 9 crypto actions
US regulators have introduced nine crypto actions covering digital asset fundraising, trading, and storage, strengthening the institutional case for Bitcoin as Citi…
Coinbase just completed its US derivatives stack but its biggest bet still sits outside it
Coinbase has completed its US derivatives stack after receiving CFTC approval for its proprietary clearinghouse, though its upcoming single-stock perpetual futures will…
Fed guarantees 2-day stablecoin payouts, but $76B remains blocked
A Federal Reserve stablecoin proposal establishes a two-business-day cap on issuer redemptions, yet $76 billion remains blocked on centralized exchanges where users…
El Salvador targets $9 billion in transfers, but chooses stablecoins
El Salvador is increasingly adopting stablecoins for its multi-billion dollar remittance market through apps like Sivar, leveraging Coinbase infrastructure while maintaining its…
Coinbase powers Citi’s new stablecoin rails, and corporate banking faces a major shift
Coinbase and Citi have launched new stablecoin payment rails, enabling institutional clients to accept stablecoin payments and automatically convert incoming traditional currency…