Close Menu
Cryprovideos
    What's Hot

    Cardano (ADA) at Crossroads: Will $0.54 Maintain or Set off Swift Reversal?

    July 6, 2025

    Billionaire Paul Tudor Jones Warns of ‘Unprecendented Social Upheaval,’ Inventory and Bond Market Crash Amid Rise of AI – The Day by day Hodl

    July 6, 2025

    Vitalik Buterin proposes to cap fuel utilization per Ethereum transaction to spice up zkVM compatibility, safety

    July 6, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Coinbase Implements Memecoin Buying and selling Suspension in New York​ for GIGA, FLOKI, and TURBO: Right here is Why – BlockNews
    Coinbase Implements Memecoin Buying and selling Suspension in New York​ for GIGA, FLOKI, and TURBO: Right here is Why – BlockNews
    Crypto News

    Coinbase Implements Memecoin Buying and selling Suspension in New York​ for GIGA, FLOKI, and TURBO: Right here is Why – BlockNews

    By Crypto EditorMarch 13, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    • Coinbase is suspending buying and selling of Floki, Turbo, and Gigachad in New York, citing a compliance assessment however offering few particulars.
    • Merchants criticized the transfer, accusing Coinbase of making the most of memecoins earlier than leaving traders caught holding them.
    • Regardless of memecoins reaching a $49.2 billion market cap, the SEC confirmed they don’t seem to be securities, whereas Trump’s personal memecoin brought about $2 billion in investor losses.

    Coinbase is pulling the plug—at the very least briefly—on three in style memecoins in New York state. The trade introduced on Wednesday that Floki (FLOKI), Turbo (TURBO), and Gigachad (GIGA) can be suspended from buying and selling beginning April 14, 2025.

    Coinbase Cites Compliance Overview, however Particulars Are Murky

    In accordance with Coinbase, the choice got here after a routine assessment of itemizing requirements. Nonetheless, the corporate didn’t make clear precisely why these particular tokens had been focused, leaving merchants pissed off and speculating.

    “You listed these memecoins to seize quantity, now persons are caught holding baggage with no approach to exit,” one person vented on social media.

    “Exchanges made a killing off memecoins—now that quantity’s drying up, they’re quietly dropping them,” one other added.

    Coinbase Implements Memecoin Buying and selling Suspension in New York​ for GIGA, FLOKI, and TURBO: Right here is Why – BlockNews

    crypto.com

    The Rise and Chaos of Memecoins

    Memecoins have exploded in recognition, with the sector reaching a staggering $49.2 billion market cap. Regardless of their speculative nature, regulators have taken a surprisingly hands-off strategy.

    Earlier this yr, the U.S. Securities and Trade Fee (SEC) said that memecoins are usually not securities, which means they don’t require formal registration.

    Even President Donald Trump jumped into the memecoin frenzy, launching his personal token—which in the end led to over $2 billion in losses for retail traders.

    For now, Floki, Turbo, and Gigachad stay tradable exterior New York, however the sudden suspension raises larger questions on how exchanges deal with threat, regulation, and the inevitable memecoin cycles.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    This Week in Crypto Video games: Planetside Dev's 'Reaper Precise', What's Subsequent for 'MapleStory Universe' – Decrypt

    July 6, 2025

    Turkish authorities block PancakeSwap in crackdown on crypto web sites

    July 6, 2025

    Altcoin Market: In Which Stage are we Now, In keeping with Prime Crypto Skilled 

    July 6, 2025

    Finest Crypto Presale to Purchase: Bitcoin Hyper Nears $2M as Buyers Pile In

    July 6, 2025
    Latest Posts

    Bitcoin’s silent opponent: why trade veteran Jameson Lopp sees apathy as the best menace

    July 6, 2025

    Bitcoin Liquidity Map Identifies $107,000 And $110,500 As Vital Quick-Time period Targets – Particulars

    July 6, 2025

    Which Is the Subsequent Bitcoin Worth Goal? 

    July 6, 2025

    Finest Crypto Presale to Purchase: Bitcoin Hyper Nears $2M as Buyers Pile In

    July 6, 2025

    Bitcoin (BTC) Buyers See Renewed Income Amid Value Stabilization

    July 6, 2025

    BTC, DOGE, XRP Information: Bitcoin, Dogecoin, XRP Rise as Bessent Hints at Commerce Offers Earlier than Trump's 'Liberation Day' Tariff Deadline

    July 6, 2025

    Hack, Authorities Deal, or Improve? $8.6 Billion Bitcoin Switch Sparks Theories

    July 6, 2025

    BTC Bull Token Launches Tomorrow – Main CEX Listings Anticipated Quickly?

    July 6, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Decentralized Document Retaining: The Future Past File Cupboards

    November 20, 2024

    Finest Altcoins Set to Explode as Cannes Embraces Crypto Funds in 90% of Retailers

    May 3, 2025

    Iran’s crypto-mining crackdown – Why is the nation providing bounties now?

    November 3, 2024

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.