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Coinbase Halts USDT Trading for Canadian Users Starting August 31


In an email dated August 17, Coinbase, a cryptocurrency exchange, revealed its decision to halt trading of Tether USDT, Dai DAI, and RAI stablecoins for Canadian users starting August 31. This surprising development comes shortly after Coinbase's recent announcement of its complete expansion into...

Analysts: Coinbase's Derivatives Approval Shows Crypto's Resilience in the US


Analysts at investment bank JMP Securities have said that an approval received by Coinbase to offer crypto futures trading can be taken as evidence of crypto’s resilience in the US. In a note to clients that was cited by The Block, the analysts said the approval "adds validation" to the domestic...

Coinbase Canada halts USDT trading this month


Coinbase, a widely-recognized cryptocurrency exchange, has notified its Canadian users through emails of an imminent suspension of trading for the digital asset Tether. In the words of an official representative from Coinbase’s team, this trading halt is due to happen on August 31 at 12...

The Protocol: Blockchains Keep Launching, From Sei to Shibarium


In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted...

Coinbase Financial Markets to now offer crypto futures to US customers


The National Futures Association has granted approval to Coinbase for operating the regulated FCM, which is Future Commission Merchant. The offering will be available to the residents of the US based on their eligibility. The approval has been granted to Coinbase Financial Markets, making this...

Coinbase Secures Regulatory Approval to Offer Crypto Futures to US Customers


The Nasdaq-listed crypto exchange Coinbase has secured regulatory approval to operate a Futures Commission Merchant (FCM) and offer customers access to crypto futures. “Coinbase will now be the first crypto-native leader to directly offer traditional spot crypto trading alongside regulated...

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