Coinbase has launched 24/5 commission-free stock and ETF trading for all U.S. users, expanding beyond crypto in a bid to become an “everything exchange” and diversify revenue.
Coinbase CEO Brian Armstrong dismissed “paper Bitcoin” claims, insisting spot Bitcoin ETFs are fully backed, while defending Coinbase’s dominant custody role and calling U.S. regulatory clarity the next key step for the industry.
Coinbase is facing some selling pressure on Wall Street as analysts trim expectations and insider selling adds to investor unease ahead of the company’s upcoming earnings report.
Coinbase CEO Brian Armstrong sparred with France’s central bank governor at the World Economic Forum, arguing that Bitcoin’s decentralized, fixed-supply design makes it more independent than central banks.
Coinbase CEO Brian Armstrong warned that major banks are lobbying to weaken President Trump’s crypto agenda by pushing Senate legislation that would ban stablecoin rewards.
Coinbase CEO Brian Armstrong said the exchange cannot support the Senate Banking Committee’s latest draft of the CLARITY Act, warning that the bill, as...