Register
Demo
Contacts
 

Stock market analytics, financial forecasts

Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

Coinbase expands the Board of Directors

July, 31 2024
watermark Economic news

Coinbase, the leading American cryptocurrency trading platform, is actively expanding its board of directors ahead of the presidential election. The company is seeking to strengthen its political influence in the cryptocurrency sector, which could change significantly if Donald Trump wins the election. 


The board of directors includes three new members: Chris Lehane, head of OpenAI; Paul Clement, former U.S. Solicitor General; and Krist Davis, CFO of Aon and a member of the board of directors of Stripe and Workday.


Coinbase hopes that these appointments will strengthen its position in fighting excessive regulation by the Securities and Exchange Commission (SEC) and promoting clear rules for digital currencies. 


Coinbase emphasizes that the new board members represent different political views, which, in their opinion, is necessary for the success of the cryptocurrency. 


On Wednesday, Coinbase quotes soared by 2% before the opening of trading. Coinbase is also preparing to submit a financial report on Thursday after the close of trading. Despite the projected decrease in revenue to $1.37 billion (from $1.64 billion in the previous quarter), the company is showing impressive growth of 94% compared to the same period last year. Analysts expect earnings per share (EPS) to be $0.94, down from $4.40 in the first quarter, but still better than $0.46 in the same period last year.


World-Class Trading Platform

Professional Customer Support

Best Execution

Logo

QUICK LINKS

+ 442 030 976 697
Contact Us
Feedback
twitter

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
defer(function(){ $("#cookies_modal").modal('show'); setCookie('fm_cookies', 'agree'); $(document).on('click', ".fm_cookies", function () { $("#cookies_modal").modal('hide'); setCookie('fm_cookies', 'agree'); }); }); function setCookie(key, value) { var expires = new Date(); expires.setTime(expires.getTime() + (10 * 365 * 1 * 24 * 60 * 60 * 1000)); document.cookie = key + '=' + value + ';expires=' + expires.toUTCString(); }
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.