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Coinbase urges Treasury to narrow GENIUS Act rules
Coinbase Global Inc. (NASDAQ: COIN) on Wednesday, Nov. 5, 2025, urged the U.S. Treasury Department to keep upcoming GENIUS Act rules narrow, exclude non‑financial software, blockchain validators and open‑source protocols, and limit the law's interest ban to stablecoin issuers. Kalshi valued at $5B after $300M round, eyes global expansion
Kalshi raised more than $300 million at a $5 billion valuation and opened access to users in over 140 countries on Friday. The event-trading platform secured funding from Sequoia Capital, Andreessen Horowitz, Paradigm, CapitalG and Coinbase Ventures to fund the international expansion. Samsung-Coinbase deal brings crypto to 75M U.S. Galaxy users
Samsung and Coinbase announced on October 3 that Galaxy device owners in the United States can now access Coinbase directly through Samsung Wallet. The integration reaches more than 75 million users and eliminates the need to download separate apps or switch between platforms. Buterin backs Base as ‘right way’ L2 amid sequencer debate
Ethereum co-founder Vitalik Buterin pushed back on claims that Base’s centralized sequencer makes it akin to an exchange, calling the Coinbase L2 an extension of Ethereum that uses some centralized features for UX while relying on Ethereum’s decentralized base layer for security. He said Base is non‑custodial and pointed readers to L2BEAT’s standards and prior field tests. Crypto execs meet U.S. senators as market structure bill stalls
Executives from firms such as Coinbase Global Inc. and Chainlink Labs joined senators, including Tim Scott, Kirsten Gillibrand and Chuck Schumer, to explore how the U.S. should classify digital assets, regulate DeFi platforms and divide oversight between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Coinbase, Mastercard in talks to buy BVNK for $2.5 billion
Coinbase and Mastercard are in advanced, separate talks to acquire BVNK, a London-based provider of stablecoin infrastructure. Source Fortune says the potential sale would value BVNK between $1.5 billion and $2.5 billion. No agreement has been reached and the talks could end without a deal. 












