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↗ Coinbase Strives for Expansion Amidst Regulatory Scrutiny and Volatile Crypto Market

Coinbase Strives for Expansion Amidst Regulatory Scrutiny and Volatile Crypto Market
Coinbase has been striving hard in various fronts amidst regulatory scrutiny. In a recent development, efforts from Coinbase to subpoena SEC's Chair Gary Gensler received harsh criticism from a judge who expressed such a move was surprising, and not in a good way. While the German BTC sales led to crypto markets' turbulence, recovery is expected by September despite the economic slowdown in the US. Amidst this, affiliation between Coinbase and Stripe is aimed to expand global crypto adoption. The wallet app launched by Coinbase, envisaging it as a hub for onchain activity, would let users manage and interact with blockchain-based platforms in one place. Coinbase also launched an all-in-one crypto wallet management app to provide a seamless user experience. The web app created by Coinbase would allow users to track personal on-chain wallets. Despite bearish predictions issued by Coinbase, its shares experienced a 27.8% surge in 2024. The giant has also unveiled its 'one-stop' crypto app aimed at simplifying user experience and expanding its user base. Coinbase's contribution in the crypto space continues to be influential as the company forges strategic partnerships and leverages state-of-the-art technology.

Coinbase News Analytics from Tue, 05 Dec 2023 08:00:00 GMT to Mon, 15 Jul 2024 01:50:47 GMT - Rating 3 - Innovation 7 - Information 8 - Rumor 2

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