Coinbase Brings Wall Street Closer To UK Crypto Users Coinbase (@coinbase) has begun rolling out 24/5 trading for nearly 4,000 U.S. stocks to eligible UK users. The launch lets customers trade stocks alongside crypto and fiat from one app. Users can fund trades instantly with GBP or USDC and buy fractional shares from £1. According to Coinbase, survey data shows UK retail investors lag behind their U.S. counterparts in stock investing. The company argues broader access through its app could help close that gap, with shares custodied by Apex Clearing. The move builds on the company's recent savings accounts and crypto backed borrowing products already available to UK users.

Coinbase CEO says data centers are "Good for America" @Coinbase CEO @brian_armstrong shared the simple belief that "Data centers are good for America", despite controversy and anger surrounding plans for the construction of such sites. Planned development of such centers has caused anger amongst local populations for reasons such as strain on local electricity grids and water supplies, rising utility bills for residents, and lack of project transparency.

Coinbase Chief Policy Officer on CLARITY Act progress: "We've got ethics nailed down, we've got nominations nailed down, we've got a bipartisan bill on the substance, we should be good to go."

Coinbase posts record market share and a $359.5M loss in the same quarter @coinbase's crypto trading volume market share hit an all-time high of 10.3% in Q2, its third straight quarterly record, with subscription and services revenue reaching $555M, prediction markets doubling past $100M annualized, and average USDC held in Coinbase products at a record $20B. The GAAP picture is rougher: a $359.5M net loss marks the third consecutive losing quarter, and adjusted EBITDA of $207.8M is less than half of a year ago. Markets read the loss first: $COIN slid over 5% in early after-hours trading to around $154, giving back the day's gains ahead of the 5 PM ET earnings call.

Coinbase will add support for Grvt (GRVT). You can now generate a deposit address for GRVT on coinbase․com, the Coinbase app, and Coinbase Exchange in regions where trading is supported. Deposits of GRVT will not be available until the asset issuer unlocks transfers.

Coinbase expects a Clarity Act vote as soon as next week @coinbase policy chief Faryar Shirzad (@faryarshirzad) said on Fox Business that the market structure bill could hit the Senate floor as early as Monday. Passage needs 60 votes. Hawley and Paul are expected against, requiring seven or more Democratic crossovers, and seven Democrats who negotiated the text say it falls short. Recess starts August 7. Crypto's clearest run at market structure comes down to a handful of legislative days.

Coinbase says the CLARITY Act is close "Tremendous momentum." That's how @coinbase's vice chair Ryan VanGrack (@RVanGrack), a former SEC official, described the CLARITY Act on CNBC, ahead of a possible Senate floor vote this week. He says Democrats won concessions on consumer protections, from insider-trading safeguards to closing what he calls an FTX loophole. However, a merged draft last week dropped the ethics provision that the Democrats demanded, and several came out against it.

Coinbase's x402: AI Agent Financial Independence, Agent Payments and Autonomy Shoal Signal with @MurrLincoln, AI Product Manager at @coinbase, hosted by @zaddycoin We cover x402 and machine payments, Coinbase for Agents, the facilitator layer, why 402 was the internet's missing error code, financial independence before agent autonomy, and where value accrues as agents become the internet's main users. 0:00 Intro and guest background 3:46 What x402 is and error code 402 5:36 The Coinbase stack, buyer and seller 6:43 Coinbase for agents and discovery 8:25 Where the real use cases are 13:47 Prediction markets and specialized agents 16:05 Agent to agent or machine to machine 20:15 Reuse existing rails or rebuild 23:43 Financial independence and the demand gap 27:16 Enterprise adoption of agentic commerce 30:44 Competing with cards and stablecoins 33:08 Other chains and where value accrues 36:12 x402 as a moonshot bet 38:30 Closing alpha and the autograph game

Coinbase Shifts Nearly All Coding To AI After 700 Layoffs Coinbase says AI now helps write between 95% and 100% of its code, up sharply from 40% reported in February. Head of Platform Rob Witoff said nearly every employee uses AI daily. Engineers now run multiple AI agents simultaneously, accelerating software development across the company. The update comes after Coinbase cut 700 employees and doubled down on an AI first strategy. Coinbase believes AI agents could eventually perform work equivalent to 100,000 employees by 2030. Source: CoinTelegraph