Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the hreflang-tags-pro domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/wp-includes/functions.php on line 6121
[www-stage.newsbtc.com/news/ai-and-tech/coinbase-uk-ceo-crypto-global-revolution/]
[wp-includes/functions.php:6121 trigger_error(), wp-includes/functions.php:6061 wp_trigger_error(), wp-includes/l10n.php:1371 _doing_it_wrong(), wp-includes/l10n.php:1409 _load_textdomain_just_in_time(), wp-includes/l10n.php:195 get_translations_for_domain(), wp-includes/l10n.php:307 translate(), wp-content/plugins/hreflang-tags-for-wordpress/includes/variables.php:24 __(), wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro-main.php:45 include_once('wp-content/plugins/hreflang-tags-for-wordpress/includes/variables.php'), wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro.php:40 require_once('wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro-main.php'), wp-settings.php:545 include_once('wp-content/plugins/hreflang-tags-for-wordpress/hreflang-tags-pro.php'), wp-config.php:53 require_once('wp-settings.php'), wp-load.php:50 require_once('wp-config.php'), wp-blog-header.php:13 require_once('wp-load.php'), index.php:17 require('wp-blog-header.php')]

Coinbase UK CEO: Crypto is a 'Global Revolution'
NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

Coinbase UK CEO: Crypto is a ‘Global Revolution’

tim copeland
tim copeland
6 years ago
3 mins read
Coinbase

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Coinbase U.K. CEO Zeeshan Feroz said that the announcement of Ethereum Classic was more successful than Bitcoin Cash at the CryptoCompare MJAC 2018 conference today. He also spoke on the use of mobile payment networks to bring financial services to the unbanked, criticized the current financial payments system, and gave a roadmap to achieve widespread use of cryptocurrencies.

Coinbase Roadmap to Crypto ‘Utopia’

When asked about the announcement of Ethereum Classic (ETC) on Coinbase, Feroz said at the London conference: “We launched ETC yesterday and if you look at the market, we controlled information better this time. We’re a young business in a space that’s new and there’s no precedence. Whether there was any wrongdoing or not at that time [Bitcoin Cash launch], what we’re doing is learning from that. ”

The CEO’s speech was targeted at the current financial system, dismissing it as ‘inefficient and clunky.’ He targeted companies, such as PayPal, saying that whenever a payment happens, behind the scenes, physical money has to be moved and typically four companies take a cut during the process. He claimed that cryptocurrencies are efficient and that Coinbase is trying to ‘help the world benefit from that efficiency.’

He emphasized the use of mobile payment networks to provide financial payments for people who have no access to traditional banking systems. Feroz, who grew up in Pakistan, spoke about how the number of mobile phone connections per person is ‘three or four times the penetration of bank accounts’ and highlighted the two billion people in the world who have no access to banking. He also said that ‘cash can lose value by 30% in a year.’

Zeeshan Feroz of @coinbase also agrees that decentralisation is the next step but that some level of centralisation will always be required. #mjac #blockchain pic.twitter.com/Z9vwkSFiUz

— Ollie (@OllieAcuna) June 13, 2018

Encouraging the use of cryptocurrencies to change the current financial system, he said: “We’re trying to rebuild the entire financial system but we’re trying to accelerate 100 years of evolution hopefully into a couple of years. What we’re trying to do is to make it as easy as possible for institutional investors to participate in this ecosystem.”

Crypto Heading to a ‘New World Order’

In terms of achieving a crypto utopia, the CEO said that we cannot get there straight away, adding that there are three stages.

The first stage is working with the current financial institutions and the second stage is educating and promoting change. The third stage is ‘a tipping point where we have the incumbents onside, they believe what we believe in and when we get to that we start to build momentum. That is the new world order that you need to agree with and work with.’

After an audience member expressed differences in the definition of the phrase he used, he promised not to speak in terms of a New World Order. In response to the question, he said: “The new world order for me is a change and what we’re driving for it is decentralization where you don’t have centralized parties controlling the world. We’re a centralized exchange but we have decentralized partners. Centralized exchanges will always exist as you need as onramp, but we believe in a decentralized future.”

We are pleased to announce our intention to add support for Ethereum Classic (ETC) on Coinbase in the coming months.https://t.co/bUG4iLUr2J

— Coinbase 🛡️ (@coinbase) June 12, 2018

He refused to comment on market manipulation but added: “We monitor and try to weed out as much as we can. We have transaction monitoring that is on par with tools at NASDAQ etc. We are working today on ways to minimize on our exchange any manipulation.”

Coinbase is a digital currency wallet and platform that supports Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), and Litecoin (LTC). Coinbase has said they are on track to offer blockchain-based securities. This means they would become a registered broker-dealer regulated by the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). The aim of this is to facilitate crypto securities trading, margin and over-the-counter (OTC) trading, and new market data products.

The San Francisco based company recently announced it will support Ethereum Classic which jumped 22% on the news. After refusing to add Ripple (XRP) even though Ripple offered to lend them more than $100 million worth of XRP to start letting users trade the asset, they have now added the 18th ranked cryptocurrency by market cap instead.

Due to their new method of adding coins, they jointly informed the public and the company’s employees of the decision and will start the integration process which is expected to take several months. They have previously announced their intention to support Bitcoin forks and the ERC20 technical standard.

Featured image from Shutterstock.
Tweet123Share196ShareSend
tim copeland
tim copeland

tim copeland

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

XRP Price Slips

XRP Price Targets Recovery — Signs of Strength Emerging

XRP price started a fresh decline below the $2.320 zone. The price is now correcting losses and might aim for...

Aayush Jindal 1 week ago
Bitcoin price news

Bitcoin Set For 50%+ Move Within 6 Months, Says Hedge Fund Boss

Bitcoin is currently changing hands just above $108,000, consolidating after Tuesday’s fresh all-time high. Charles Edwards, founder of the digital-asset...

Jake Simmons 1 week ago
Bitcoin

Bitcoin Diamond Hands Are Buying Again, Here’s Why It’s Bullish For The Market

Bitcoin has spent the last five days trading within a relatively narrow range between $106,229 and $111,807, following its recent...

Scott Matherson 1 week ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin, Crypto, BTC

Bitcoin $106,800 Support Retest To Determine Next Move – Breakout Or Breakdown Ahead?

Rubmar Garcia 1 week ago
Bitcoin Up 15% in a Month, Analyst Cautions on MVRV Resistance Level

Bitcoin Up 15% in a Month, Analyst Cautions on MVRV Resistance Level

Samuel Edyme 1 week ago
bitcoin

Bitcoin Surges With Low Retail Interest – Is A Second Wave Coming?

Ash Tiwari 1 week ago

Premium Sponsors

Top Brands

Press Releases

  • A smart choice for XRP investors to passively earn money...

    2 weeks ago
  • Bitget Lists Ripple USD (RLUSD) to Expand Stablecoin...

    2 weeks ago
  • Bitget Lists Ripple USD (RLUSD) to Expand Stablecoin...

    2 weeks ago
  • Let everyone earn $10,0080 a day – CRYPTOMININGFIRM...

    2 weeks ago
  • Start RIPPLECOIN Mining cloud mining package through...

    2 weeks ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.