Coinbase International Exchange imposes a 10x leverage limit on popular perpetual futures, impacting major cryptocurrencies. Traders face market adjustments, with BTC, ETH, LTC, SOL, and XRP showing declines. Risk management measures include DIM requirements, regularly reviewed to balance access and systemic risks. The exchange, launched in Bermuda, emphasizes regulatory compliance and transparency.
SanyaCoinbase's legal clash with the SEC underscores the complexity in cryptocurrency regulation's evolving landscape.
Hui XinJoseph Tsai, a co-founder of Alibaba, will succeed Daniel Zhang as chair of the internet giant. He is a noted crypto enthusiast who has invested in several startups in the sector.
TheBlockThe U.S. SEC says it needs more time before deciding whether to respond to Coinbase’s request for regulatory clarity regarding the crypto industry.
dailyhodlThe Hinman emails led to a firestorm of discussion in online spaces amongst the Web3 community and included calls from Ripple to investigate the agency.
nftnowLegal experts such as Jake Chervinsky and a former agent of the regulator have voiced their concerns regarding the potential impact of the agency’s actions.
BitcoinistNews of the U.S. Securities and Exchange Commission’s action against Coinbase, spread like wildfire through the crypto community.
decryptCoinbase has explored the possibility of setting up a cryptocurrency trading platform outside of the US.
BitcoinistCustomers have until February 16 to withdraw their funds, and deposits will be halted on January 20.
BeincryptoThe firm’s NFT marketplace solution included “web hosting, digital marketing & content delivery” infrastructure, but is no longer listed on its website despite still showing up in Google search results.
Cointelegraph