Brian

CEO of Coinbase: All Institutions Are Beginning to Store Cryptocurrency Now

by
CEO of Coinbase: All Institutions Are Beginning to Store Cryptocurrency Now

“Every institution is now starting to hold crypto,” according to Coinbase CEO Brian Armstrong, who also emphasizes that “the asset class will be a standard part of every diversified portfolio.” In addition, the CEO mentioned that in the future, organizations will use cryptocurrency for other purposes, like “holding it on their balance sheet, paying their … Read more

Coinbase Commerce Drops Support for Self-Custody Wallets Used for Bitcoin Payments

by
Coinbase Commerce Drops Support for Self-Custody Wallets Used for Bitcoin Payments

The U.S.-based cryptocurrency exchange Coinbase, through Coinbase Commerce, has discontinued supporting bitcoin payments using self-custody wallets. The exchange’s CEO, Brian Armstrong, made it clear that payments from Coinbase accounts to UTXO-based chains are still supported. But Commerce’s primary goal is to support ERC-20 tokens on layer 2 protocols, such as Polygon and Base. Coinbase Commerce … Read more