
August 28th, 2025
While enforcement actions have been a focus for the US SEC in the crypto industry lately, some crypto exchanges are now making efforts to expand into other territories.
The reason behind the exchange’s decision is not clear. According to those familiar with the matter, closing the service is not linked to the scrutiny from SEC which has alleged that Coinbase was offering and trading unregistered securities, thereby violating federal securities laws.
The Coinbase International Exchange will provide institutional clients outside of the US with BTC and ETH contracts and up to 5x in leverage.
The company has promised its customers that it will be expanding its derivatives offering with additional perpetual contracts, dated futures, and options in the coming weeks.
Analysts at H.C. Wainwright have said that the crypto winter of 2022 ceases to have any bearing on related stocks.
In its response, Coinbase clearly mentioned the exchange has not engaged in any activity that violates federal securities laws. It also slammed the SEC for refusing to engage in a meaningful dialogue on crypto regulations.
Ishan Wahi has cited reasons such as “modest, law-abiding and admirable life” and mental health for the court to consider a jail term no more than 10 months.
Coinbase emphasized that all proceedings related to Stand with Crypto NFT collection launched through ZORA will be donated to vetted organizations.
The issue of unclear guidelines has been a major concern for many other crypto firms in the United States.
The use of cryptocurrency in real estate purchases has become increasingly popular.
More than 600,000 Celsius creditors would be closely monitoring the auction as it likely determines subsequent payment schemes.
Abu Dhabi’s crypto and blockchain businesses are expected to grow exponentially and attract international investors, more so from the United States.
Crypto stocks, including MARA, RIOT, and COIN, all suffered drawdowns between Thursday and Friday as the price of Bitcoin retraced.
Coinbase received its license to operate in Bermuda on April 19th. The action was taken to keep up with the company’s campaign for “global scale to go broad and deep”.
Coinbase Global shares have gained more than 91 percent YTD to trade around $69.72 on Tuesday amid Bitcoin’s 2023 pump.