New York Attorney General Letitia James has sued Coinbase and Gemini, alleging their prediction market platforms constitute illegal gambling operations.
Crypto and banking industry representatives will review a revised stablecoin yield proposal this week as lawmakers try to resolve a months-long dispute over whether stablecoin issuers should be allowed to offer yield.
Jack Dorsey urged Coinbase CEO Brian Armstrong to confirm support for de minimis relief on Bitcoin payments, following reports the exchange favors stablecoins-only treatment.
Coinbase has launched futures contracts for traders in 26 European countries, including Germany, France, and the Netherlands, marking its first direct derivatives offering in the region.