In an impressive array of developments, Coinbase has been aggressively pursuing expansions and strategic partnerships. The company is set to launch the Coinbase One Card on the American Express Network, which users can use to earn up to 4% back in Bitcoin. This is in addition to partnerships with Shopify and Stripe to enable USDC payments for merchants worldwide.
Serious strides are also being made into the political sphere with the enlistment of Democratic strategist, David Plouffe, into the advisory council. Coinbase's broadening political reach hints at future regulatory lobbying. The crypto giant perhaps foresees a bullish crypto outlook for 2025, albeit acknowledging potential systemic risks from leveraged corporate bitcoin bets.
A series of efforts are underway to facilitate crypto accessibility for small businesses and start-ups with the imminent launch of crypto operating accounts. Coinbase also plans to integrate decentralized exchanges on its main app. Political highlights include the former President Trump speaking at a Coinbase summit on crypto plans. However, Coinbase warns of potential systemic risks from too much corporate investments in Bitcoin.
Coinbase News Analytics from Tue, 28 Jan 2025 08:00:00 GMT to Sun, 15 Jun 2025 01:17:00 GMT - Rating 8 - Innovation 6 - Information 9 - Rumor 5
