• Coinbase accused racism
    People,  Politics

    At Coinbase, black employees faced ‘constant condescension’ and were described as ‘less capable’: report

    A day after Coinbase attempted to preempt a New York Times article about the company’s culture, 23 current and former workers paint a picture of discrimination and mistreatment

    Nathaniel Popper, a cryptocurrency and technology reporter at the Gray Lady, has written a damning exposé that claims the exchange “has long struggled with its management of black employees.” The title of his investigation? “Tokenized.”

  • Coinbase denies racial discrimination
    People,  Politics

    Coinbase denies upcoming New York Times racial discrimination allegations

    The U.S. exchange warns a story about disgruntled black employees is coming in the wake of Brian Armstrong’s controversial “apolitical’ stand over Black Lives Matter

    The major U.S. cryptocurrency exchange Coinbase is bracing for another wave of criticism in the wake of CEO Brian Armstrong’s controversial stand against corporate support of political issues like the Black Lives Matter movement. In a Nov. 25 blog post, Coinbase warned employees that an article that will be published on Sunday by the New York Times alleging racial discrimination inside the firm.

  • Coinbase users tax firm warning
    Regulation

    IRS activity should be ‘major wake-up call’ for Coinbase users, tax firm warns

    Figures released by the crypto exchange show that it has received thousands of requests from U.S. agencies—and users are being urged to get their tax affairs in order

    Klasing Associates says a transparency report released by the crypto exchange in October should serve as a “major wake-up call” to those who haven’t reported their virtual currency holdings in recent years.

  • Coinbase launches U.S. crypto debit card
    Cryptocurrencies

    Coinbase launches U.S. crypto debit card

    United States-based Coinbase users will be able to spend crypto anywhere while earning crypto cashback of up to 4%

    On Oct 28, Coinbase announced the debut of its Visa debit card, allowing the firm’s customers to spend cryptocurrencies in online and physical stores, as well as for ATM withdrawals.