Coinbase files lawsuits in 3 states over attempts to regulate prediction markets [Yahoo! Finance]
Coinbase Global, Inc. - Class A (COIN)
US:NASDAQ Investor Relations:
convertedorganic.com
Company Research
Source: Yahoo! Finance
The company filed lawsuits to "confirm what is clear," Chief Legal Officer Paul Grewal wrote in a post on X on Friday : that prediction markets fall under the jurisdiction of the U.S. Commodity Futures Trading Commission (CFTC) and not individual state gaming regulators. Prediction markets let users speculate on events by buying shares in contracts pegged to potential outcomes such as the winner of a boxing match or central bank interest-rate decisions. Coinbase on Wednesday announced plans to incorporate prediction markets , initially through integrating Kalshi. State gaming regulators are attempting to flex their muscles to prevent such services being offered on the basis they are a form of gambling. "State efforts to control or outright block these markets stifle innovation and violate the law," Grewal wrote. "Prediction markets are fundamentally different from sportsbooks. Casinos win only if you lose and set odds to maximize their profits," he added. "Prediction markets ar
Show less
Read more
Impact Snapshot
Event Time:
COIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
COIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
COIN alerts
High impacting Coinbase Global, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
COIN
News
- Morning Minute: Coinbase Wants to Be the Everything Exchange [Yahoo! Finance]Yahoo! Finance
- Coinbase Sues Three States Over Prediction Market Regulation [Yahoo! Finance]Yahoo! Finance
- Coinbase Joins Kalshi in Battle Against State Gambling Regulators [Yahoo! Finance]Yahoo! Finance
- Stocks making the biggest moves premarket: Oracle, CoreWeave, Nike, Coinbase & more [CNBC]CNBC
- Bitfinex Slashes Trading Fees to Zero in Bold Move Against DEX Competition [Yahoo! Finance]Yahoo! Finance
COIN
Earnings
- 10/30/25 - Beat
COIN
Sec Filings
- 12/18/25 - Form 144
- 12/17/25 - Form 4
- 12/16/25 - Form 8-K
- COIN's page on the SEC website