Oregon has taken a lawsuit against leading cryptocurrency exchange, Coinbase, accusing company of unregistered cryptocurrency sales and marketing risky investments. Furthermore, an audit revealed a regulatory issue related to Coinbase's accounting last year. Amidst this, Coinbase released an ad about 'rebooting the financial system' and denied involvement in the controversial 'Base' memecoin, reiterating commitment to regulation and transparency. New studies show that 83% of institutional investors plan to expand exposure to cryptocurrencies this year. However, Coinbase warns about an early crypto winter, with a warning of bearish market signals. Coinbase has also ended support for 49 assets, citing a 41% altcoin market drop. They foresee a potential rebound in Q3 2025. Meanwhile, Coinbase recently obtained approval to launch in Argentina, but continues to face hurdles in Oregon. Lastly, Coinbase is looking at global expansion with a partnership with Aston Martin Aramco Formula One™ Team.
Coinbase News Analytics from Mon, 02 Dec 2024 08:00:00 GMT to Sat, 19 Apr 2025 15:00:39 GMT - Rating -5 - Innovation 4 - Information 7 - Rumor 3
