Author: John Smith

Paul Grewal, Coinbase’s chief legal officer, said their “work isn’t over” Vermont issued a Show Cause Order shortly after the SEC filed a lawsuit against Coinbase in 2023 The SEC dropped its lawsuit against Coinbase in February The US state of Vermont has dropped its legal case against Coinbase over its staking services, earning the exchange another significant victory. In a post on X, Paul Grewal, Coinbase’s chief legal officer, said: “As we have always said: staking services are not securities. We applaud Vermont for embracing progress and providing clarity for its citizens who own digital assets.” Grewal added that…

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Coinbase will halt the trading of FLOKI, TURBO, and GIGA in New York on April 14, 2025. The decision sparked debate on accessibility and regulatory challenges for memecoins. FLOKI and GIGA prices have dropped, while the TURBO coin price has seen a modest surge. Coinbase Inc., a leading US cryptocurrency exchange, has announced that trading for three trending memecoins—Floki Inu (FLOKI), Turbo coin (TURBO), and Gigachad (GIGA)—will be suspended in New York starting April 14, 2025. We regularly monitor the assets on our exchange to ensure they meet our listing standards. Based on recent reviews, we will suspend trading for…

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