Coinbase
The U.S. exchange had formally petitioned the agency to start writing comprehensive crypto rules, but after "careful" consideration, the SEC said no.
Political headwinds could blunt the impact of the crypto exchange’s ramped-up lobbying efforts, the report said.
The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks.
The latest update you need to know about Friend.tech
Grayscale Bitcoin ETF decision could happen this week
Lending platform Maker’s governance tokens soared to near one-year high prices last week prior to the sales.
The exchange is requiring Coinbase Borrow customers with outstanding loan balances to pay them back by November 20.
The crypto exchange is still faced with significant regulatory challenges, the report said.
Armstrong will meet privately with Congress members from the New Democrat Coalition.
The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.