Coinbase and others back ex-FTX US president’s crypto trading infra startup Architect

Coinbase and others back ex-FTX US president’s crypto trading infra startup Architect

It has been nearly four months since Brett Harrison stepped down as president of FTX US, the American division of the now-bankrupt crypto exchange. Now, he has raised $5 million for his own startup, Architect, which aims to make trading infrastructure for large crypto investors. “It’s a software company aiming to build institutional-grade infrastructure to […]

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Coinbase to cut 20% jobs and abandon ‘several projects’

Coinbase to cut 20% jobs and abandon ‘several projects’

Coinbase plans to cut 950 jobs, or about 20% of its workforce, and shut down several projects as the U.S. crypto exchange giant looks to reduce its expenses to increase its “chances of doing well in every scenario.” This is the second round of major layoff at the crypto exchange, which eliminated 18% of its […]

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Coinbase reaches $100M settlement over background check failures

Coinbase reaches $100M settlement over background check failures

New York financial regulators have found that the popular cryptocurrency exchange Coinbase violated anti-money laundering laws by failing to conduct adequate background checks. Coinbase will pay a $50 million fine to the New York State Department of Financial Services, and is also required to spend $50 million on improving its compliance program. Coinbase disclosed that […]

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India’s central bank wants to ban cryptocurrencies, government says

India’s crypto tax pushing traders to foreign exchanges

India’s tax rules on crypto, which went into effect last April, has resulted in local exchanges ceding the lion’s share of the market to those operated by foreign players, according to a new report. Binance, Coinbase and other foreign exchanges commanded 67.6% of the crypto market share in India as of October 2022, up from […]

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TC Sessions: Crypto is in Miami — and 5 more reasons students should go

Coinbase CEO dives into market madness at TC Sessions: Crypto

The past few weeks have been extremely volatile for the crypto market, but that isn’t stopping some of the biggest players from moving forward. Coinbase is the second largest crypto exchange by volume, and FTX, the third largest crypto exchange, was just dethroned. We’ll deep dive into Coinbase CEO and co-founder, Brian Armstrong’s thoughts on […]

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Coinbase and Polygon back new crypto advocacy group in India

Coinbase and Polygon back new crypto advocacy group in India

Top crypto firms including Coinbase and Polygon are among the firms that have formed an industry body in India to promote dialogue between key stakeholders and drive awareness about web3, months after the largest local crypto advocacy group was disbanded. Members of the new industry body, named Bharat Web3 Association (BWA), include top local crypto […]

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