ARK Invest buys more Coinbase, eyes Meta platforms, Robinhood.
As ARK Invest continues to deepen its involvement in the crypto sector, the fund has sold more of its Coinbase shares, while also eyeing meta platforms like Robinhood and Meta.
coinbase
: Binance, Coinbase, Crypto.com, and more.
On Thursday, the crypto exchanges Coinbase and Bittrex both announced they were re-listing XRP following Ripple’s victory in court against the U.S. Securities and Exchange Commission (SEC). This is a significant legal victory for the company and XRP holders.
: Coinbase CEO Brian Armstrong slams Bank of America’s “anti-crypto” activity.
Coinbase CEO Brian Armstrong has weighed-in on reports that Bank of America has prevented businesses from using its accounts to purchase cryptocurrency. Armstrong has accused the banking giant of anti-crypto activity, vowing to “keep an eye on this”.
Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC
Coinbase Lawyers Argue Biden Student Loans Ruling Aids Defense Against SEC
In a surprising twist, Coinbase’s legal team is citing President Biden’s recent student loan ruling to bolster their defense against the Securities and Exchange Commission (SEC). Claiming that the SEC’s lawsuit lacks clarity regarding the regulatory status of cryptocurrencies, the lawyers argue that Biden’s stance on debt forgiveness illustrates a broader trend of leniency towards innovative financial solutions. This unexpected legal move could potentially reshape the ongoing battle between Coinbase and the SEC, impacting the future of cryptocurrency regulation.