News linked to both this project and an event.
According to Cointelegraph, Coinbase submitted an application for a crypto asset service provider license to the Central Bank of Brazil on October 28 to meet the local deadline of October 30. Coinbase stated that existing services do not need to be suspended while regulators review the application. Under relevant Brazilian regulations, existing service providers that file applications on time may continue operations during the approval period. Coinbase also plans to expand its foreign exchange and payment businesses in Brazil in the future, but such activities require separate regulatory authorization.
Odaily reports: Cryptocurrency exchange Coinbase has submitted an application to the Central Bank of Brazil for a crypto asset service provider operating license, filing ahead of the country's October 30 application deadline. Coinbase stated that it does not expect to suspend existing services while regulators review the application, and that the filing is intended to meet Brazil's new regulatory requirements and maintain local business operations.Brazil's new rules cover governance, client asset protection, and compliance requirements. Coinbase also reiterated plans to advance its "Everything Exchange" strategy in Brazil, potentially expanding beyond crypto services into foreign exchange and payments in the future, which would require separate regulatory approval. (Cointelegraph)
In response to reports about a data breach, Coinbase stated that no data breach occurred at the company itself. The incident actually involved a security event at third-party analytics provider Amplitude, which affected the contact information of some Coinbase customers as well as data of other Amplitude clients.Coinbase said it has found no evidence of any unauthorized access to its internal systems, and customer funds were not affected. The company will notify affected customers and relevant regulators as required by law.
According to Bitcoin.com News, the Central Bank of Ireland announced on October 22 a fine of €3.252618 million against Coinbase Ireland Limited for violating the client fund protection and outsourcing requirements under Ireland's Electronic Money Regulations 2011. Coinbase acknowledged the violations, with regulators stating the breaches occurred between November 1, 2020, and August 19, 2025, and a settlement was reached on October 21. The case involves Coinbase Ireland's role as an electronic money institution, specifically covering fiat and e-money used by customers to purchase crypto assets, and should not be described as a MiCA custody enforcement action.
Odaily report: The California Department of Financial Protection and Innovation (DFPI) has submitted a comment letter to the U.S. Securities and Exchange Commission (SEC) opposing its "Regulation Crypto Assets" proposal, stating that the plan could weaken investor protection and limit state government review of issuance projects. DFPI Commissioner KC Mohseni said California opposes federal regulators undermining state-level regulatory authority and protective measures.The proposal would allow eligible issuers to raise up to $5 million over four years through a startup exemption; another crypto fundraising exemption would allow issuers to raise up to $75 million within 12 months. Relevant issuances would need to disclose project details, risks, and other information necessary for investor assessment, and some fundraisings would also require submission of financial statements and ongoing reporting.Federal securities laws still preserve states' authority to investigate securities fraud, deceptive practices, and illegal broker or dealer activities. Blockchain payments company Ripple, crypto exchange Coinbase, and exchange operator Nasdaq all support adjusting the proposal; the DFPI said its scam tracker list added nearly 200 crypto-related scams, an increase of 30% from the previous year. (Bitcoin.com News)
the Monetary Authority of Singapore has announced the expansion of the BLOOM cross-border digital currency settlement initiative, with Bank Negara Malaysia and the Bank of Thailand joining as policy-making members. BLOOM is a public-private partnership initiative covering regulated stablecoins and tokenized deposits, with participants including Mastercard, Visa, Nium, Ripple, Circle, Coinbase, Airwallex, Maybank, Monee, Shopeepay, and the World Bank Group. The initiative will study the acceptance of different forms of currency, inter-institutional contracting, settlement, and system connectivity, and will implement identity verification and sanctions screening through programmable controls, with applications spanning payments, corporate treasury, and trade finance.
According to Dune data, nominal trading volume for crypto-related event contracts on Kalshi and Polymarket reached $2.7 billion last week, setting an all-time high. Bitcoin short-term up/down contracts were particularly active, with Kalshi's 15-minute Bitcoin price prediction contracts seeing single trades exceeding $1 million, and some traders using trading bots to capture opportunities in the final seconds before contract expiration.Cryptocurrency has now become the second-largest trading category on both platforms after sports. Crypto trading platforms including Coinbase, Crypto.com, Gemini, and Kraken are expanding their businesses by applying for relevant licenses or partnering with prediction markets. Meanwhile, declining spot trading volume on centralized exchanges is also pushing crypto platforms to seek business diversification. However, as multiple U.S. states mount legal challenges against sports-related prediction contracts, the regulatory trajectory could also affect the industry's development. (Bloomberg)
Odaily reports: Katie Harries, Head of European Policy at Coinbase, wrote that the UK Financial Conduct Authority (FCA)'s proposed crypto asset regulatory rules could require regulated platforms to execute client orders only on FCA-authorized trading venues, thereby restricting users from accessing decentralized finance (DeFi) protocols through compliant platforms. Since decentralized protocols typically have no entity that can apply for regulatory authorization, the proposed rules could prevent regulated platforms from offering DeFi access services, constituting a de facto ban. The relevant crypto regulatory regime is expected to take effect on October 25, 2027.Harries argues that a blanket restriction on DeFi access will not eliminate the activity but may instead push more transactions into channels that regulators cannot effectively monitor. She calls on the FCA to adopt an approach of "regulating the access point, not blocking the technology," allowing compliant platforms to offer DeFi access services provided they clearly disclose risks to users, obtain user consent, and assess protocol operational and governance risks. She also noted that the EU and the US are exploring the integration of traditional finance with DeFi infrastructure, and the UK should also preserve space for such innovation. (Cointelegraph)
Coinbase stated that its Irish entity, Coinbase Ireland, has reached a settlement with the Central Bank of Ireland after being fined €3.25 million (approximately $3.65 million) for violating client money protection and outsourcing management obligations between 2020 and 2025. The Central Bank of Ireland emphasized that payment and electronic money institutions have an obligation to adequately safeguard client funds and stated it maintains a zero-tolerance stance toward deficiencies in such protective mechanisms.
Odaily报道 — After the CLARITY Act stalled in the U.S. Senate in September, Coinbase and several major crypto industry organizations saw their federal lobbying spending in the third quarter decline compared with the second quarter, but total spending for the quarter still exceeded $4 million and has remained above that level for six consecutive quarters. The bill was intended to establish a regulatory framework for the digital asset market. Internal industry disagreements over stablecoin yield business, pressure from traditional banking groups, and controversy over ethics provisions concerning politicians' crypto asset interests were seen as factors behind the bill's failure to pass. In the first half of 2026, the crypto industry invested more than $8 million to advance market structure legislation, with Coinbase spending about $2.2 million, Kraken nearly $1 million, and some lobbying firms terminating their partnerships with crypto industry clients in the third quarter.
Odaily reports: The PHP Foundation has stated that due to hesitant decision-making and insufficient resources, remediation work for a critical security vulnerability first discovered in 2024 stalled and restarted multiple times, and it characterized the delay as a "structural failure." PHP is a programming language widely used for websites and web applications.PHP has released emergency patches for two related critical vulnerabilities. Unauthenticated attackers could exploit the flaws to execute code on affected servers without logging in. Some government websites or online services in the Netherlands, Finland, France, Germany, and Australia were temporarily taken offline to prepare for patch installation.Security firm Calif and OpenAI separately reported the same underlying issue on August 11, and Calif also demonstrated unconditional remote code execution. Blockchain security firm SlowMist investigated PHP usage in the crypto industry and found direct PHP fingerprints on 793 of the 1,488 domains it assessed.Intersect has temporarily closed its Members Area, Coinbase said it has not found any affected PHP instances, and digital asset infrastructure company BitGo said its platform was not affected. Binance co-founder Changpeng Zhao reminded users to exercise heightened caution when visiting websites recently, and OpenAI has released a Codex skill for checking for vulnerable PHP versions. (Cointelegraph)
The Astana International Financial Centre (AIFC) Court in Kazakhstan has issued an injunction against cryptocurrency platforms offering digital asset services without authorization, prohibiting Coinbase, BingX, Huobi Global (HTX), BitMart, Bitcoin.com, and WEEX from operating within its jurisdiction, and extending the restrictions to block access to their apps on Google and Apple app stores.
Odaily report: According to a U.S. Department of Justice announcement, law enforcement authorities in Ghana and Nigeria arrested 28 people in a joint operation targeting West African fraud networks, involving criminal activities such as cryptocurrency investment fraud. The operation was led by the UK's National Crime Agency (NCA), with participation from Binance, Coinbase, and blockchain analytics firms Chainalysis, Elliptic, and TRM Labs. Private-sector partners collectively identified more than $11 million in funds that could potentially be frozen, though the amount has not yet been confirmed as recovered assets.Coinbase stated that it assisted in tracking illicit funds, supporting asset freezes, and providing intelligence to investigators, identifying more than 65 victims still being defrauded and helping prevent over $415,000 in potential losses. During the operation, Ghanaian police arrested 19 people and seized 303 electronic devices, while another 9 people were arrested in Nigeria. Additionally, 117 human trafficking victims in Ghana are awaiting repatriation to Nigeria, and participants also provided law enforcement with leads on more than 30 suspected fraud centers. The U.S. Department of Justice said this was the first joint operation of its kind specifically targeting the West African region. (CoinDesk)
Odaily reports: A Solana Foundation official stated that the U.S. GENIUS Act provides regulatory momentum for enterprises and financial institutions to enter the stablecoin space, and is also one of the important background factors behind Samsung's launch of stablecoin payment services. Samsung has announced that starting in the last week of October, it will support USDC cross-border transfers in Samsung Wallet, initially targeting eligible Galaxy users in the United States and covering approximately 82 million devices. Users can transfer USD stablecoins to compatible crypto wallets within seconds with no transfer fees, and can also send remittances to eligible bank accounts in more than 60 countries and regions. The service will use the Solana and Sui networks as its underlying infrastructure, with licensed stablecoin custodian Bastion providing transfer services and Coinbase Prime serving as sub-custodian responsible for safeguarding USDC assets.
Coinbase officially announced that, following a recent asset review, trading for Neon EVM (NEON) and Syndicate (SYND) will be suspended at approximately 14:00 ET on November 16, 2026. This suspension will affect the Coinbase web and mobile platforms, Coinbase Exchange, and the institutional platform Coinbase Prime.
Coinbase Assets announced that, based on a recent asset review, Coinbase will suspend trading of Neon EVM (NEON) and Syndicate (SYND) at around 3:00 AM Beijing Time on November 17, 2026.
Taiwan, China has blocked the websites of Coinbase and prediction market platform Kalshi. It is reported that the New Taipei District Court has authorized Taiwan's communications regulator and internet registration authorities to restrict local users' access to the relevant platforms. Taiwan had previously blocked Polymarket, Kalshi's main competitor. (Bloomberg)
Odaily News — During an international joint anti-fraud operation held in London from October 6 to 9, Coinbase collaborated with the UK's National Crime Agency (NCA), the US Department of Justice's Scam Center Strike Force, and the Tech Against Scams coalition to jointly combat transnational scam networks operating in West Africa. Coinbase's global intelligence team participated in tracking illicit fund flows, assisting in freezing involved assets, and sharing investigative leads in real time.The related scam tactics include fake cryptocurrency investments, impersonating law enforcement officers, and coercing victims into transferring funds through staged video call arrest scenarios. Coinbase stated that as crackdowns on scam compounds in Southeast Asia continue to intensify, some criminal networks are gradually shifting to regions such as West Africa, and the company will continue to cooperate with law enforcement agencies to track cross-border fraud funds.
According to an official Coinbase blog post, the Singapore Police Force Anti-Scam Center (ASC) released a first-half 2026 fraud and cybercrime briefing showing that cryptocurrency fraud losses in Singapore fell 43% year-over-year, dropping from S$114.9 million to S$65.5 million. The ASC credited this progress partly to enforcement actions by industry partners, which included blocking 47,500 mobile phone lines, 37,500 WhatsApp accounts, and 52,200 malicious websites, alongside investigations into more than 2,900 money mules and scammers, resulting in charges against approximately 470 individuals. Through four joint operations with the ASC, Coinbase’s Global Intelligence Team identified over 720 potential victims and assisted in intercepting more than S$18.9 million in potential losses.
US crypto regulatory legislation has stalled, shifting the focus of authority to the SEC and CFTC, as regulators accelerate the rollout of new rules to fill the gap. The industry believes that while this move can accelerate commercial innovation, it also preserves a regulatory advantage for existing giants like Coinbase.