Coinbase Faces Its First Big Legal Test

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.3 • 1.7K Ratings

🗓️ 17 January 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

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Summary

After a series of high-profile meltdowns at FTX and Binance, crypto exchange Coinbase is one of the last big digital-asset companies standing. Not just standing—expanding, as CEO Brian Armstrong has pushed into overseas markets and launched new products. Now, as Coinbase heads to court for its first big legal test, Brian Armstrong has become the new face of crypto. WSJ markets reporter Vicky Ge Huang tells host Alex Ossola what this could mean for the company, and for the crypto industry. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Is your bank at home in three markets or 53?
0:05.0	With on-the-ground specialists in over 50 markets,
0:09.0	HSBC UK has been voted the leading bank for trade for the last seven years so let us help
0:14.5	you navigate international business like a local search H.S.C. International
0:19.4	Bank to find out more. H.S.B.C. UK, opening up a world of opportunity.
0:24.5	Voted the UK's Best Trade Finance Bank for seven consecutive years by Euromoney UK Trade Finance
0:29.1	Survey 2023.
0:31.0	Welcome. Welcome to Tech News Briefing. It's Wednesday January 17th. I'm Alex Oscela for the Wall Street Journal.
0:41.0	Coming up on today's show, solar technology has taken some big
0:44.6	steps forward, but does this mean you'll never need batteries again? We'll hear
0:49.2	about solar charging for personal devices from W.S.J. Technology columnist Christopher Mims.
0:54.8	And then, crypto exchange coin-based is one of the last big digital asset companies standing
0:59.8	after a string of high profile collapses.
1:02.9	CEO Brian Armstrong has kept a low profile,
1:05.8	but now he's stepping into the spotlight
1:07.8	as the company faces a legal test.
1:10.0	What does this mean for point base and for crypto?
1:12.5	W.S.J. Markets reporter Vicky G Huang joins us to discuss.
1:16.5	But first, over the past few years,
1:20.8	solar power has been making the biggest waves at large scales, with huge panels positioned in fields or on rooftops to feed power to the grid.
1:29.0	Now, though, new technology is shrinking it down to power some of the handheld gadgets we use every day.
1:35.0	W.S.J. Technology columnist Christopher Mims joins us now with more.
	...

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