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Coinbase

All articles tagged with #coinbase

Coinbase Goes Lo-Fi Karaoke for Super Bowl Ad, Aiming to Make Crypto Relatable
advertising17 days ago

Coinbase Goes Lo-Fi Karaoke for Super Bowl Ad, Aiming to Make Crypto Relatable

Coinbase returns to the Super Bowl with a spare 60-second lo-fi spot that plays like a bar karaoke screen, featuring minimalist animation and lyrics from the Backstreet Boys’ “Everybody (Backstreet’s Back).” Executives say the restrained, no-frills approach is designed to stand out amid celebrity-filled ads, create a communal singalong moment, and show that crypto can appeal beyond techies, hoping viewers will look up crypto after the spot.

Bitcoin Rebound Lifts Strategy, BitMine, and Coinbase as BTC Stabilizes
business19 days ago

Bitcoin Rebound Lifts Strategy, BitMine, and Coinbase as BTC Stabilizes

Bitcoin stabilized near $69k after a dip to about $60k, triggering a rally in crypto stocks as Strategy (MSTR) rose about 18% to roughly $126.60 despite its BTC treasury being underwater, BitMine Immersion Technologies (BMNR) jumped around 14% to about $19.83 on ETH staking plans amid a large unrealized ETH loss, and Coinbase (COIN) gained roughly 10% to around $160.60 as higher volatility boosted trading volumes and revenue.

Crypto lobby tightens grip on Capitol as Congress battles over market structure bill
technology1 month ago

Crypto lobby tightens grip on Capitol as Congress battles over market structure bill

Molly White argues Issue 99 shows Coinbase withdrawing support for the Senate’s crypto market structure bill, prompting cancellation of a markup and illustrating the crypto industry’s outsized influence over lawmakers and drafting. The piece weaves in related crises and regulatory shifts—ethics fights, enforcement moves, Trump-linked crypto ties, and high-profile incidents like Eric Adams’ NYC Token—paints a picture of a Congress increasingly reactive to industry funding and agendas, with calls for stronger consumer protections and transparency still circulating.

Bermuda bets on a fully on-chain economy with Coinbase and Circle
policy1 month ago

Bermuda bets on a fully on-chain economy with Coinbase and Circle

Bermuda unveiled a plan, announced at Davos, to transform the island into a fully onchain economy by partnering with Coinbase and Circle to deploy digital asset infrastructure across government, banks, businesses, and consumers. The initiative centers on piloting stablecoin payments (USDC), expanding USDC adoption, and supporting tokenization and digital finance education, with a non-exclusive approach that could attract additional technology partners while lowering costs and broadening access to global finance.

Coinbase derails crypto regulation with last-minute CLARITY Act reversal
policy1 month ago

Coinbase derails crypto regulation with last-minute CLARITY Act reversal

Coinbase withdrew its support for the Senate CLARITY Act at the last minute, triggering industry backlash as peers urged the bill’s negotiation. The act would define what counts as securities vs. commodities and establish regulatory duties for firms, but with a tight election timetable and ongoing lobbying, its passage remains uncertain and could shape U.S. crypto regulation for years.

Crypto Dip Hits Pause as US Regulation Hurdle Delays Bill
business1 month ago

Crypto Dip Hits Pause as US Regulation Hurdle Delays Bill

Bitcoin hovered around $95,700 after a daily decline as the Senate Banking Committee postponed a hearing on the Digital Asset Market Clarity Act following Coinbase’s withdrawal of support; Coinbase CEO Brian Armstrong called the bill worse than the status quo, citing issues such as a ban on tokenized stocks and limits on stablecoin rewards. Ethereum and XRP also slipped. Despite the delay, crypto markets have been resilient and are awaiting clearer regulatory direction, though an immediate breakthrough remains unlikely.

politics1 month ago

Fresh talks loom as Senate delays crypto bill amid Coinbase backlash

Senate Banking Chair Tim Scott postponed a markup of a sweeping cryptocurrency bill after Coinbase opposed the latest version, underscoring a key impasse over whether exchanges can offer yield-bearing stablecoin rewards. Lawmakers vow to keep negotiating a compromise palatable to both banks and crypto firms, aiming to provide regulatory clarity on token securities and commodities; leaders like Mark Warner and Cynthia Lummis say there is a path forward, though negotiations are expected to stretch into February.

politics1 month ago

Scott delays Senate crypto bill markup as industry pushes back

Senate Banking Chair Tim Scott postponed a scheduled markup of landmark cryptocurrency legislation after pushback from Coinbase and other crypto firms, signaling uncertain bipartisan support. Coinbase CEO Brian Armstrong argued the draft would worsen the status quo and could undermine CFTC authority while raising concerns about stablecoin rewards, prompting questions about amendments that banks want. With lawmakers from both parties negotiating changes, it’s unclear when Scott will reconvene the markup, though Senator Cynthia Lummis pressed for continuing work on the bill.