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Videos

Coinbase Not Shutting Down Staking Service, CEO Armstrong Says

Crypto exchange Coinbase (COIN) will continue operating its crypto staking service despite facing lawsuits from state and federal regulators over the program and several of its other offerings, Coinbase CEO Brian Armstrong said Wednesday at the Bloomberg Invest Conference. Plus, a letter from Binance’s counsel says that SEC Chair Gary Gensler should be recused from the case because he once offered to be an "informal advisor." CoinDesk Managing Editor of Global Policy and Regulation Nikhilesh De breaks down the latest developments.

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Videos

Bain Capital Exec on U.S. Crypto Regulation Outlook Amid Binance, Coinbase Legal Woes

The U.S. Securities and Exchange Commission (SEC) cracked down on heavyweight cryptocurrency exchanges Binance and Coinbase (COIN) this week. TuongVy Le, Bain Capital Crypto Partner and Head of Regulatory and Policy, joins "First Mover" to discuss the latest developments and the future of crypto regulation in the United States.

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Web3

‘Stand With Crypto’ NFT Spreads Across Crypto Twitter Amid SEC Crackdown

After the SEC announced separate lawsuits against Binance and Coinbase this week, figures across the crypto space have been minting Coinbase’s “Stand with Crypto” NFT to show their support.

Coinbase's Stand with Crypto NFT (Zora)

Finance

Coinbase CEO Armstrong Says Not Shutting Down Staking Service

The country’s largest exchange will continue to offer staking services despite facing lawsuits over the service from federal and state regulators.

Portrait of Coinbase co-founder and CEO Brian Armstrong photographed by Michelle Watt in San Francisco, CA.

Policy

Robinhood Joins Coinbase in Saying It Tried to 'Come In and Register' Like SEC Wanted

The companies’ top lawyers testified in a House crypto hearing that they spent months trying to get the SEC to help them comply before being rebuffed.

U.S. Securities Exchange Commission Chair Gary Gensler advises in video that crypto firms need to register. (CoinDesk screen grab from SEC investor-education video)

Opinion

The SEC Is Fighting the Last War

SEC chair Gary Gensler wants you to think Coinbase and Binance are the same as FTX and Celsius. They’re not.

Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before the Senate Banking, Housing, and Urban Affairs Committee, on Capitol Hill, September 15, 2022 in Washington, DC.  (Kevin Dietsch/Getty Images)

Videos

U.S. Court Tells SEC to Respond to Coinbase's Rulemaking Petition in a Week

The United States Court of Appeals for the Third Circuit has ordered the U.S. Securities and Exchange Commission (SEC) to clarify its position on a rulemaking petition from cryptocurrency exchange Coinbase (COIN). The SEC has been ordered to explain within 7 days if it intends to decline Coinbase’s request, the reasons for such a decision, or a timeline of when it expects to come to a decision. "The Hash" panel discusses the relationship between Coinbase and the regulators.

Recent Videos

Policy

U.S. SEC Enforcement Could Boost Europe's Crypto Chances, Officials Say

EU officials are hoping to tempt crypto innovators as exchange platforms Binance and Coinbase complain of regulation by enforcement in the U.S.

The EU agency warned about crypto (Ralph/Pixabay)

Videos

Self-Custody Reemerges in Crypto Conversation Following FTX Collapse

The Consensus @ Consensus report highlights a resurging discourse around crypto self-custody, states Margaux Nijkerk, CoinDesk's Ethereum Protocol Reporter. With considerable outflows from Binance and Coinbase and recent device issues with Ledger and Trezor, Nijkerk underscores, "There might be a renewed conversation around self-custody."

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