COINBASE LAUNCHES AI AGENT FOR TRADING
■ AI-SUMMARIZED FROM 4 SOURCES ▸ TIMELINE
Coinbase has released an AI agent capable of executing cryptocurrency trades and purchasing premium research. Users can grant the agent access to their main account or run it in a separate sandbox environment.
■ MORE FROM THE CRYPTO DESK
The SEC granted a five-year exemption for tokenized US stock trading on blockchain venues, bypassing Congress after the Clarity Act stalled in the Senate. Circle's chief strategy officer says regulators are advancing crypto policy independently.
Binance has committed $100 million to Circle Internet Group as the two crypto firms deepen their partnership. The investment extends their existing agreement around USDC, the dollar-backed stablecoin.
Binance has acquired a $100 million stake in stablecoin issuer Circle and signed a five-year agreement to promote USDC on its platform. The deal represents a significant partnership between the world's largest crypto exchange and a major stablecoin provider.
Bitcoin reached an eight-month high above $85,000 after the SEC approved digital versions of securities for US trading. The approval comes as crypto legislation stalled in the Senate.