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Coinbase Named to TIME 100 List After S&P 500 Entry, Regulatory Moves
In a recent turn of events, Coinbase, the leading cryptocurrency exchange platform, has been named to the prestigious TIME 100 list. This notable achievement comes on the heels of their significant entry into the S&P 500 index in May.
The company’s inclusion in the TIME 100 list is a testament to its growing influence and impact within the global financial sector. It is worth noting that Coinbase’s recent performance has been nothing short of extraordinary, with its stock price skyrocketing in response to positive regulatory developments.
As reported by our sources, the Senate recently passed the GENIUS stablecoin bill, which resulted in a remarkable 26% increase in Coinbase’s stock price within a span of just seven days. This significant surge has led many industry experts to speculate that Coinbase may be poised to play an increasingly prominent role in shaping U.S. crypto policy.
Additionally, Coinbase has secured a key regulatory victory by obtaining a MiCA license from Luxembourg’s Commission de Surveillance du Secteur Financier. This development will enable the exchange to expand its operations across 30 EEA countries under uniform compliance standards.
Furthermore, we have learned that Coinbase is actively seeking approval from the U.S. Securities and Exchange Commission (SEC) to list and trade tokenized equities on its platform. If successful, this move would position Coinbase as a direct competitor to established platforms like Robinhood and Webull.
In related news, it has been reported that former President Donald Trump recently delivered a video message at Coinbase’s State of Crypto Summit, reaffirming his administration’s commitment to creating a clear and simple market framework for the crypto industry.
Source: coinchapter.com
