The CEO of Coinbase, Brian Armstrong, severely criticized the upcoming Illinois’ crypto tax law, noting that it could be detrimental to blockchain innovation and employment. Specifically, Armstrong noted that such legislation could force blockchain innovation away from Illinois, creating extra complications for those who develop products based on blockchain technology.
Base launches Beryl upgrade on testnet, introducing B20 tokens, faster withdrawals, and improved scalability before June 25 mainnet rollout. Base, the Ethereum Layer 2 network backed by Coinbase, has launched its Beryl upgrade on the Sepolia testnet. At the same time, the mainnet activation will be on June 25. This upgrade brings key improvements in […]
The post Coinbase-Backed Base Drops Major Beryl Upgrade Ahead of June 25 Launch appeared first on Live Bitcoin News.
Exchange inflows are cooling, XRP withdrawals are surging, and realized losses are shrinking. Here’s what on-chain data says about a Bitcoin bottom. XRP left Coinbase at a pace not seen since February. The seven-day net depositing and withdrawing transaction count on Coinbase hit -15,500 on June 18, per CryptoQuant data cited by analyst Amr Taha. […]
The post Bitcoin Bottom Signals: 3 On-Chain Clues Quietly Point to a Bull Market appeared first on Live Bitcoin News.
Coinbase unveils AI finance tools, x402 payments, tokenized stock plans, and new Base updates for users and developers. Coinbase has outlined a broad product expansion that places artificial intelligence, tokenized assets, and advanced trading tools at the center of its next phase of development. The company said its latest plans include pre-IPO perpetual futures, stock […]
The post Coinbase Unveils AI-Powered Finance and Tokenized Stocks Plans appeared first on Live Bitcoin News.
Illinois has enacted a 0.2% tax on digital asset transfers that will apply whether a trade ends in profit or loss, beginning Jan. 1, 2027. Industry groups have branded the measure the most punitive crypto tax in the U.S. and are already pushing for a repeal. A Tax on Movement, Not Profit Illinois has become […]
Armstrong's critique highlights the potential for space-based solutions to drive innovation, challenging Earth-bound regulatory constraints.
The post Coinbase CEO Brian Armstrong criticizes Earth regulations, cites orbital datacenters as more efficient alternative appeared first on Crypto Briefing.
Kentucky Attorney General Russell Coleman has filed lawsuits against Polymarket, Kalshi, and Coinbase-linked prediction market activity, alleging unlicensed sports betting.
Coinbase CEO Brian Armstrong reiterated his long-term confidence in bitcoin, saying he remains long the asset and expects much higher prices by 2030. In comments shared alongside a video, Armstrong described bitcoin as “the new digital gold” and pointed to historical market cycles as part of his outlook. Brian Armstrong Reaffirms Bullish Bitcoin Outlook and […]
Illinois' digital asset tax may drive crypto businesses to relocate, impacting the state's tech ecosystem and innovation landscape.
The post Illinois becomes first US state to tax digital asset transactions with new 0.2% levy appeared first on Crypto Briefing.
