Coinbase One subscriptions launch as the crypto company squares off with the SEC

  • 📰 verge
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 67%

Business News News

Business Business Latest News,Business Business Headlines

Still trading crypto in the winter?

. In exchange, it brings more recurring revenue streams at a time the company might need them because the regulatory battles Coinbase is fighting are expensive.

McDonnell continued, “Through the bull market 18 months to two years ago, there was tons of growth, but we wanted customers to stay.”notes that Coinbase subscription and services revenue saw 138 percent growth in the first quarter of this year, earning $361.7 million, as compared to $152 million the previous year.

Coinbase is tussling with a weaker crypto market that, after the past few years, has fewer active traders as well as a

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 94. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Coinbase Asks Judge to Force SEC to Regulate Cryptocurrency MarketOngoing battle between Coinbase and the SEC might bring a lot of surprises to the crypto market
Source: Utoday_en - 🏆 295. / 63 Read more »