Hong Kong’s rules for crypto would mean plenty of restrictions for Coinbase. Source
First Mover Asia: Actually, Hong Kong Would Be a Terrible Home for Coinbase
Tag: Coinbase
SEC Says It May Make a Recommendation on Crypto Exchange Coinbase Petition Within 4 Months
“Regardless of whether the Commission determines to undertake the rulemaking sought by Coinbase, a decision the Commission has yet to make, Coinbase – like everyone else – is bound by existing law,” the SEC filing said. “And Coinbase is free to vigorously assert its position that it has not violated that law in the current enforcement action.” Source
‘The Industry Doesn’t Want the Answers.’ Josh Klayman on Coinbase and Binance
“I see this as a massive push, a very unsubtle move by the chairman Gensler and the SEC,” she tells CoinDesk. “They’ve been trying to nudge the industry for a long time to change its practices, and now it seems they moved from nudging to a pretty swift kick, or, you might say, a one-two punch.” Source
Hong Kong politician extends invitation to Coinbase to operate in the SAR
A Hong Kong lawmaker is extending an invitation to Coinbase, despite news of the SEC lawsuit occurring just one week earlier. Hong Kong Legislative Council member Johnny Ng has taken to Twitter to invite Coinbase and other global virtual asset trading operators to the financial center, emphasizing the region’s supportive environment. I hereby offer an invitation to welcome all global virtual asset trading operators including @coinbase to come to HK for application of official trading platforms and further development plans. Please feel free to approach me and I am happy…
Hong Kong Lawmaker Invites Coinbase to Apply to Operate in Region Amid U.S. SEC Crackdown
The company is excited to expand globally and wants to build in Abu Dhabi, Canada, Singapore, and get authorized with the U.K. under its upcoming crypto regime Tom Duff-Gordon Vice President of International Policy at Coinbase said. Source
SEC’s Binance, Coinbase Suits Highlight Need for U.S Crypto Regulatory Framework: JPMorgan
The SEC thinks most cryptocurrencies should be classed as securities, and therefore, most crypto companies and trading should fall under its supervision and comply with regulatory frameworks that are currently applied to other securities, the report said. Source
Latin American Crypto Holders Find Alternative in Bitget amid SEC Lawsuit against Binance, Coinbase
The exchange saw a 43% jump in its number of new users from the Latin America region in just three days. Crypto exchange Bitget appears to be gaining a whole lot from the ongoing lawsuits against crypto giants Binance and Coinbase. The fierce rivals are currently in court over allegations by the United State securities and exchange commission (SEC). According to the regulator, the duo might have violated US securities laws while doing their business. Crypto Exchange Bitget Gets Bigger In all of this, however, Bitget has recorded quite a…
Hong Kong Legislator Encourages Coinbase and Others to Apply
While Hong Kong welcomes cryptocurrency, digital asset trading remains banned in mainland China. Hong Kong Legislator, Johnny Ng, has encouraged Coinbase and other global exchanges to set up their shop in the region. The legislator took to Twitter, offering his assistance for Coinbase and other interested parties to register and develop within the former British colony. Mr Ng, who previously cofounded a Web3 accelerator, is known for his bullish stance on Web3 tech. His call to virtual asset trading platforms coincides with a US SEC clampdown on major players like…
Hong Kong Legislator Invite Coinbase and Crypto Exchanges, Embracing Progressive Crypto Stance
Hong Kong Legislative Council member Johnny Ng has extended an invitation to Coinbase and other global virtual asset trading operators to establish operations in the region, showcasing the city’s progressive approach towards cryptocurrencies. In a tweet, Ng expressed his support and offered assistance to these industry players, while also hinting at potential stock listing opportunities. This move comes at a time when several major cryptocurrency exchanges, including Binance and Coinbase, have faced lawsuits from the United States Securities and Exchange Commission. While Western countries remain cautious about cryptocurrencies, Hong Kong…
Bitcoin and global crypto market falls after US SEC sued Binance and Coinbase
During a week marked by heightened regulatory scrutiny, the cryptocurrency industry experienced a significant milestone as the United States Securities and Exchange Commission (SEC) filed charges against Binance and Coinbase. Against the backdrop of a broader regulatory push, the SEC categorized numerous crypto assets as securities in these lawsuits. The market responded to this development with a notable impact, as altcoins posted significant declines, with some retesting 2022 lows. SEC sues Binance, Changpeng Zhao This week, the United States Securities and Exchange Commission (SEC) took legal action against Binance, one of the…