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Coinbase launches spot crypto trading on international exchange

Coinbase is introducing spot cryptocurrency trading on its international exchange, marking a significant step towards its global expansion strategy.  Starting Dec. 14th, institutional traders can engage in Bitcoin (BTC) and Ether (ETH) transactions, paired with the USDC stablecoin. Greg Tusar, who leads institutional product development at Coinbase, emphasized the strategic importance of offering both spot and derivatives trading concurrently in an interview with Bloomberg.  We are excited to announce the next phase of our Coinbase International Exchange expansion – the launch of non-US spot markets for eligible customers, designed to address the unique needs and demands of our global user base. pic.twitter.com/JWEChT5BDa — Coinbase ️ (@coinbase) December 13, 2023 You might also like: Will Bitcoin ETFs follow gold ETFs’ path to success? Coinbase’s expansion arrives when the SEC is actively pursuing legal action against the firm. The SEC alleges tha...

White House to build international standards for DLT

The White House national strategy listed eight emerging technologies with a focus on building international standards and finding use cases in the economic sector. The United States White House released the national standard s strategy for key and emerging technologies on May 4. The national strategy identified eight technology sectors that will have a great economic impact in the near future. Among the eight technologies that focus on artificial intelligence, communication and network technologies, biotechnology, semiconductors and more, the listing of distributed ledger technology (DLT) and digital identity infrastructure grabbed the crypto community’s attention the most. DLT permits concurrent access, record validation, and record updating throughout a networked database. Blockchain technology is based on DLT, making it possible for users to see any changes and the people who made them, lowering the need for auditing data, ensuring data reliability, and restricting access to only...