Coinbase Shifting Focus Due to Growing Institutional Investor Interest in Crypto

America’s largest cryptocurrency exchange, Coinbase, is shifting its focus to serve the needs of a growing interest in crypto by institutional investors. This is the narrative coming from the company after some changes in the last 10 days.

Firstly, news broke last week that Coinbase had filed to close its Political Action Committee (PAC) with the American Federal Election Commission (FEC).

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Coinbase Expands Into Cross-Border Payments

American major cryptocurrency exchange Coinbase has expanded into cross-border payments. Coinbase revealed the development in an announcement on March 28.

Coinbase customers can now transfer funds to any user with a Coinbase account around the world using Ripple (XRP) and the exchange’s stablecoin USDCoin (USDC) with no fee. The development reportedly enables users to send and receive money instantly,

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Crypto Exchange Coinbase Adds Support for XRP on Retail Platform and Mobile Apps

United States major cryptocurrency exchange Coinbase has added support for Ripple (XRP) to its retail platform and mobile apps. The exchange announced the development in a blog post on Feb. 28.

The announcement states that Coinbase’s users can now purchase, sell, convert, send, receive, and store XRP both on Coinbase.com and the Coinbase Android and iOS apps.

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Coinbase Pro Adds Support for XRP

Coinbase Pro, the professional offering of United States-based crypto trading platform and wallet service Coinbase, is adding support for Ripple’s XRP token. Coinbase announced the development in an official blog post on Feb. 25.

Per the announcement Coinbase Pro will now accept deposits of XRP for a minimum of 12 hours before enabling full trading.

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Coinbase Research: 42% of Top 50 Universities Offer at Least One Crypto-Related Class

A recent study by the U.S. crypto exchange Coinbase has shown that 42 percent of the world’s top 50 universities have at least one class on cryptocurrencies or blockchain. The results of the study were published on Coinbase’s official blog Tuesday, August 28.

The research was jointly conducted by Coinbase and survey company Qriously.

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Coinbase Enables Cryptocurrency Gift Cards in Europe and Australia


Cryptocurrency exchange giant Coinbase has struck a new partnership to enable customers in Europe and Australia spend their cryptocurrency at major retailers and services including Nike and Uber.

Coinbase is partnering WeGift, a London-based FinTech startup for the new service which allows its users to fundamentally withdraw their cryptocurrency into gift cards that can be used at over 120 retailers including Uber,

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Hodler’s Digest, July 16-22: Coinbase Backpedals on Regulatory Approval and Switzerland Becomes Even More Crypto Friendly

Coming every Sunday, the Hodler’s Digest will help you to track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions, and much more — a week on Cointelegraph in one link.

Top Stories This Week

Crypto Exchange Coinbase Retracts Announcement Of Getting Regulatory Approval

Major U.S.

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The Daily: Coinbase Forms Political Action Committee, EY Acquires Crypto Patents

The Daily

In The Daily on Saturday, crypto exchange Coinbase has formed a political action committee to raise funds for US elections. Also, Ernst & Young has announced the acquisition of crypto technology and patents, and Indonesian crypto POS terminal maker Pundi X is looking to expand in South Korea with a new partnership.

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