Coinbase to join S&P 500 next week in crypto market milestone

Quick Summary:

Move viewed as a vindication by crypto faithfuls who helped Trump win the US election.

The president has appointed digital-asset advocates to key government positions and enacted policies benefiting the industry, including dropping various enforcement actions.“You’re seeing all these crypto-related SEC cases being dropped very rapidly.

Much of the decline was due to Coinbase marking its crypto holdings to market price.

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Article Details

Category: EconomyBusiness

Markets: Singapore

Topics: Added Inclusion November Financial Coinbase Crypto Cent President Exchange Trump

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-13 @ 10:08:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 626 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 28653747

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Main Topics: EconomyBusiness

Official Website: straitstimes.com

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