Multiple outlets have reported other platforms such as Kraken and Binance have also been blocked under government orders.

Coinbase, one of the leading cryptocurrency exchanges, has formally responded to the Securities and Exchange Commission (SEC) regarding the proposa

Canada, quicker to adopt ETFs than the U.S., may offer a signal to where the U.S. goes next.

The stock selloff worth $90 million was made after Coinbase received adowngrade from JPMorgan analysts over two weeks ago.

ARK offloaded Coinbase shares from ARK Innovation ETF, ARK Next Generation Internet ETF, and ARK Fintech Innovation ETF.

Coinbase reported strong fourth-quarter earnings on Thursday, partly driven by the launch of the ten spot bitcoin exchange-traded funds (ETFs).

Higher crypto prices will have a positive effect on the exchange’s revenue, the analysts said.