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Cryptocurrency

Why is Coinbase’s reliance on crypto trading fees a concern?

Coinbase’s business model is significantly reliant on trading fees, which are generated when users buy, sell, or exchange cryptocurrencies on the platform. This reliance on volatile trading activity makes Coinbase vulnerable to the cyclical nature of the crypto market. During periods of market downturns, trading activity declines, and Coinbase’s revenue streams shrink. This reliance on […]

Categories
Cryptocurrency

What are the new AML regulations for the cryptocurrency sector?

The European Council and Parliament have provisionally agreed to expand parts of the European Union’s Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) law to cover the cryptocurrency market. This means that companies providing cryptocurrency services will have to check and confirm details about their customers. They will also have to report any activities that seem […]