Coinbase would rank 21st largest U.S. banks
Coinbase CEO Brian Armstrong highlighted the company’s growing financial footprint, comparing its holdings to major U.S. banks and brokerages. In a post on X, Armstrong stated that Coinbase now holds approximately $420 billion in customer assets. This would make it the 21st largest bank in the U.S. by total assets. If categorized as a brokerage, […]
Binance bags its 21st global crypto license in Brazil
Binance fortifies its presence in Brazil with approval to acquire Sim;paul, a licensed broker-dealer. On Dec. 2, Binance announced that it had received full regulatory approval from the Banco Central do Brasil, Brazil’s central bank, to acquire a domestic financial institution. This move highlights Binance’s ongoing efforts to expand its global footprint. According to Binance […]
