
September 14th, 2025
Meanwhile, the regulator is currently in several enforcement actions against popular exchanges including Coinbase and Binance.
Part of the shortlisted investors that want to relaunch FTX includes Proof Group.
The S&P 500 (INDEXSP:.INX) and Nasdaq Composite (INDEXNASDAQ:.IXIC) equity indexes advanced for the second consecutive day.
For the fourth quarter, Coinbase has already generated about $105 million of transaction revenue in October. The company expects Q4 subscription and services revenue to be approximately flat compared to Q3, as well as predicts ‘meaningful’ positive adjusted EBITDA for 2023.
The new developments come after a court-mandated phased liquidation process, enabling FTX to sell digital assets worth a total of $3 billion on a weekly basis.
In response to the allegations, Tether emphasized its commitment to preventing the misuse of cryptocurrencies for illicit activities.
Coinbase contends the SEC’s interpretation of what constitutes a security is dangerously broad and insupportable. In the exchange’s view, only assets conferring explicit financial rights or a stake in a business should be considered securities.
Recent reports also suggest that a significant number of employees were laid off earlier this month, with sources indicating that approximately 300 people lost their jobs.
As Bitcoin extends its rally to $35,000 clocking over 100% gains for 2023, let’s take a look at some crypto firms that have outperformed Bitcoin.
The United States Department of Treasury through the Financial Crimes Enforcement Network (FinCEN) announced new sweeping measures to tame the crypto mixers in a bid to combat terrorism funding among other cyber crimes.
Coinbase is looking to expand its footprint in Europe amid more crypto-friendly MiCA laws that will allow it to operate in all 27 EU states under a single license.
Through Taproot Assets, Lightning Labs is bringing stablecoins to Bitcoin and Bitcoinizing traditional assets including the dollar.
Coinbase now offers crypto derivatives trading to eligible customers outside of the United States, for BTC, LTC, XRP and ETH.
Crypto firms have been using the “major questions” doctrine to defends themselves against the enforcement actions of the regulations. However, it has its own flaws in place.
Coinbase noted that the recent action is part of its efforts to enhance overall market health and consolidate liquidity.