Coinbase - eriinfo

Coinbase CEO sees crypto regulation advancing regardless of Clarity Act

eriinfo.com4 days ago05 mins

The Clarity Act, which seeks to establish a U.S. federal framework for digital assets, is likely to pass given broad support from crypto firms, law-enforcement groups and several banks, Coinbase CEO Brian Armstrong said. The legislation was ready to be supported by the Senate, Coinbase CEO Brian Armstrong told CNBC’s “Squawk Box Asia” on Thursday,…

Coinbase clears key regulatory hurdle in bid to bolster its stablecoin business

eriinfo.com5 months ago06 mins

Costfoto | Future Publishing | Getty Images Coinbase received conditional approval from the U.S. Office of the Comptroller of the Currency (OCC) to operate as a trust bank, the company said Thursday. If finalized, the crypto exchange will be able to operate payment products in addition to its custody business under federal supervision, Coinbase chief…