TL;DR: Ireland’s central bank imposed a €3.25 million penalty on Coinbase Ireland over electronic-money safeguarding and outsourcing failings, subject to High Court confirmation. Ireland's central bank has fined Coinbase Ireland €3,252,618 after finding failures in the way the company safeguarded electronic-money customer funds and oversaw outsourced arrangements. The action, announced Thursday, concerns compliance with Ireland's…
According to blockchain analytics firm Chainalysis, activity has expanded sharply since the protocol’s early stages, as autonomous AI agents increasingly use digital assets to pay for online services. The findings, published in Chainalysis’ October 14 report, North America: Inside the Growth of Agentic Commerce, point to an emerging use case for stablecoins and blockchain infrastructure.…
TL;DR Citi and Coinbase have expanded their partnership with new stablecoin and fiat payment infrastructure for businesses. Citi clients can accept stablecoin payments while Coinbase provides blockchain rails and conversion into fiat. Coinbase business customers can also use Citi-powered virtual accounts that automatically move between fiat and stablecoins. Citi and Coinbase are connecting corporate bank…
TL;DR Coinbase Clearing LLC has been registered by the CFTC as a Derivatives Clearing Organization. The approval allows it to clear fully collateralized futures, options on futures and swaps. Coinbase says the new clearinghouse will use USDC collateral and support 24/7 settlement. Coinbase has filled in the final piece of a U.S. derivatives stack it…
TL;DR Coinbase Financial Markets has submitted a CFTC product filing for single-stock perpetual futures. Initial contracts cover Apple, Tesla and Nvidia. Trading is not live yet; the products remain in the regulatory process. Coinbase is taking another run at bringing a product long associated with offshore crypto exchanges into the regulated U.S. market. Coinbase Financial…
TL;DR Coinbase is partnering with Stablecore to bring crypto services into existing bank technology. Stablecore’s infrastructure reaches more than 3,000 U.S. banks and credit unions. The integration covers custody, trading and stablecoin payments. Coinbase is trying to make crypto considerably easier for smaller U.S. banks to offer without asking them to rebuild their technology stack.…
A federal judge has allowed parts of an investor class-action lawsuit against Coinbase and certain executives to proceed, keeping allegations over risk disclosures alive in court. US District Judge Katherine Polk Failla ruled on August 20 that some claims could move into discovery. The court dismissed several claims but allowed allegations that Coinbase misled investors…
Coinbase CEO Brian Armstrong and Ripple CEO Brad Garlinghouse reportedly met privately with Howard Lutnick, President Trump’s Commerce Secretary nominee, to discuss regulatory hurdles tied to the Digital Asset Market CLARITY Act. The meeting has been widely reported, but public details remain limited. That means the story needs careful framing. This is not proof that…
Coinbase has launched futures, options, and perpetuals for professional clients in the United Kingdom, expanding its derivatives offering through its MiFID authorization. The rollout is not for UK retail users. Eligibility is limited to users classified as Professional Clients, which means they must meet criteria tied to trading activity, portfolio size, or relevant professional experience.…
Coinbase’s Base Moves Toward Tokenized Stocks For Non-US Users Coinbase-linked Base is moving toward tokenized stock integration, with Base creator Jesse Pollak pointing to a model built around 1:1 equity backing and dividend pass-through. The planned product is aimed at non-US users and remains unavailable to US retail traders. That is an important limitation, because…