Coinbase has announced that the company plans to introduce a number of changes for customers in the Netherlands in order to comply with the 1977 Sanctions Act, a law that recently applied know-your-customer (KYC) guidelines to non-custodial wallets. If the person living in the Netherlands wants to send crypto to a third-party wallet via …
Coinbase Ventures Backed Startup to Build Pan-African Crypto Exchange With $23 Million Capital Raise
The African startup, Mara, recently said it has raised about $ 23 million in funding from organizations ranging from Coinbase Ventures to individual angel investors like Amit Bhatia and Hamad Alhoimaizi. Mara has also partnered with the Central African Republic (CAR) and will act as an adviser to the country’s president. Enhancing Africa’s …
Cointelli Makes It Easy to Report Coinbase, Binance, and Kraken Transactions to the IRS
sponsored Many crypto exchanges send tax forms to the IRS, each with their own list of supported tokens and info that doesn’t necessarily match up. This can create a lot of confusion for U.S. taxpayers. Luckily, Cointelli can swiftly and reliably create a unified tax report with the push of a button. And if …
Executive Leaves Goldman Sachs for Coinbase — Says It’s Time to Embrace Crypto, Create Economic Freedom
An executive at Goldman Sachs is joining Coinbase after 16 years at the global investment bank. “It’s time to embrace the crypto economy,†he said, adding that the change is a “once in a lifetime opportunity to be part of building the next stage of the digital evolution.†From Goldman Sachs to Coinbase Roger …
Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.†The plan is described as an “industry-driven solution†developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST …
Coinbase Shares Declined 50% From All-Time High, Stock Follows Bitcoin’s Ups and Downs
NYC Mayor Eric Adams Converts First Paycheck to Bitcoin and Ether via Coinbase
The mayor of New York City, Eric Adams, has received his first paycheck in bitcoin and ether via Coinbase. “Promise made, promise kept,†the mayor said, referring to his promise to take his first three paychecks in cryptocurrency. Mayor of New York City Takes Paycheck in Cryptocurrency With the Help of Coinbase New York …
Mastercard and Coinbase Partner to Make NFTs More Accessible to Everyone
Payments giant Mastercard has partnered with cryptocurrency exchange Coinbase to make non-fungible tokens (NFTs) more accessible to everyone. Mastercards can be used to make purchases on Coinbase’s upcoming NFT marketplace. Mastercard Partners With Coinbase Payments giant Mastercard and cryptocurrency exchange Coinbase independently announced their partnership Tuesday. Mastercard stated that the company is “Making it …