Coinbase Reports Unexpected Loss as Crypto Trading Slows in Q4

Coinbase Reports Unexpected Loss as Crypto Trading Slows in Q4

Coinbase Global Inc. reported a net loss in Q4, with total revenue of $1.8 billion, reversing a $1.56 billion profit from the same period a year earlier. The results reflected how quickly falling token prices can strain even the diversified platforms. Underscoring the growing investor concerns about another prolonged market slowdown, the company’s stock dropped … Read more

Coinbase Threatens to Abandon Crypto Bill Over Stablecoin Rewards Dispute

Coinbase Threatens to Abandon Crypto Bill Over Stablecoin Rewards Dispute

Coinbase Global Inc. threatens lawmakers on notice, reporting that they might walk away from the CLARITY Act if it restricts stablecoin rewards beyond the basic disclosure rules. Coinbase supports any provisions about customer rewards that require more transparency rather than outright restrictions and major limitations. Experts opine that the exchange views the issue as crucial … Read more