• 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.

  • Opinion,  Politics

    CEO of ‘apolitical’ Coinbase shares blog post about voting for Kanye West

    Brian Armstrong is being accused of hypocrisy for his now-deleted tweet after announcing an apolitical policy that caused dozens of staffers to resign; Ethereum creator Vitalik Buterin came to his defense

    In a move that will likely infuriate staffers further, Coinbase’s CEO Brian Armstrong has already violated the no politics policy that he was insistent on enforcing.