Crypto Biz: Coinbase has rather a lot at stake

Crypto property made their manner onto the US Securities and Change Fee’s checklist of priorities for 2023. To date, although, we haven’t tasted the “regulatory certainty” many have been calling for. As a substitute, the regulator threw the ebook at Kraken for allegedly failing to register its staking program. Coinbase (NASDAQ:) seems subsequent on the chopping block, however its attorneys are able to combat.

This week’s Crypto Biz publication delves into Coinbase’s protection of its staking program and its not-too-pleasant quarterly financials. We additionally take a look at the most recent firm to fall sufferer to Sam Bankman-Fried’s FTX.

Coinbase beats This fall earnings estimates amid falling transaction quantity

Coinbase staking ‘essentially totally different’ to Kraken’s — chief lawyer

Hedge fund closes operations after shedding funds in FTX trade: Report

Mastercard (NYSE:) to permit crypto funds in Web3 through USDC settlements

Earlier than you go: Watch out for Bing AI chat and ChatGPT pump-and-dump tokens

Proceed Studying on Coin Telegraph