World's Biggest Stock Exchanges Call for Crackdown on 'Fake' Tokenized Stocks—And Why Coinbase And Robinhood Should Be Worried

World’s Biggest Stock Exchanges Call for Crackdown on ‘Fake’ Tokenized Stocks—And Why Coinbase And Robinhood Should Be Worried

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The world’s major stock exchanges are sounding the alarm on tokenized stocks, warning regulators that blockchain-based tokens representing company shares create new risks for investors and could undermine market integrity—putting pressure on Coinbase (NASDAQ:COIN) and Robinhood (NASDAQ:HOOD) as…

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Why Coinbase CEO Brought It Up After 15 Years

Why Coinbase CEO Brought It Up After 15 Years

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Brian Armstrong, CEO of cryptocurrency exchange Coinbase, recalled on Tuesday a famous quote by Bitcoin (CRYPTO: BTC) creator Satoshi Nakamoto from 15 years ago. What Happened: Armstrong highlighted a quote from the pseudonymous creator from a Bitcointalk forum conversation…

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Crypto market soars past $4 trillion and Coinbase notches all-time high—but traditional stocks dip

Crypto market soars past $4 trillion and Coinbase notches all-time high—but traditional stocks dip

Crypto briefly soared while the broader markets stagnated Friday after Congress passed a landmark bill for digital assets. The total market capitalization for all cryptocurrencies pushed past $4 trillion for the first time in history before dipping later in the day. But traditional stock indices barely budged. The S&P 500 closed the day essentially flat…

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Coinbase Global, Inc. (COIN) Is All About Market Share, Says Jim Cramer

Coinbase Global, Inc. (COIN) Is All About Market Share, Says Jim Cramer

We recently published Jim Cramer Discussed These 10 Stocks & AI-Led Job Growth. Coinbase Global, Inc. (NASDAQ:COIN) is one of the stocks Jim Cramer recently discussed. Coinbase Global, Inc. (NASDAQ:COIN) is a cryptocurrency exchange that has managed to command a dominant position in the hot Bitcoin market. The firm’s shares have gained 54% year-to-date, particularly…

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Coinbase Global (COIN) Adds Market Torque as U.S. Senate Ushers in Tokenized Trading

Coinbase Global (COIN) Adds Market Torque as U.S. Senate Ushers in Tokenized Trading

Coinbase Global (COIN) stock is flying after two pivotal developments: the U.S. Senate’s passage of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act and Coinbase’s push to gain SEC approval for tokenized equity trading. Both have massive implications for the crypto economy-focused financial technology company. While the regulatory skies are clearing for…

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Opinion | Hong Kong developing a yuan-pegged stablecoin would be a game changer

Opinion | Hong Kong developing a yuan-pegged stablecoin would be a game changer

In just the past month, stablecoin has moved from the fringes of cryptocurrency into the heart of mainstream finance. Hong Kong enacted its stablecoin ordinance, creating a regulatory framework to legitimise and support the issuance of stablecoins, while US lawmakers discuss similar legislation aimed at fostering large-scale stablecoin adoption. Meanwhile, stablecoin issuer Circle Internet Group…

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Binance Tops PYMNTS’ Provider Rankings of US Crypto Apps

Binance Tops PYMNTS’ Provider Rankings of US Crypto Apps

Cryptocurrency apps in the U.S. have surged in popularity due to factors such as the potential for profit, low transaction fees, and increasing user accessibility. These platforms allow users to trade cryptocurrencies easily, offering a decentralized, peer-to-peer model that reduces reliance on traditional financial institutions. The ability to buy low and sell high has attracted…

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