The company said it punished the MrBeast employee and another user it said tried to get away with contracts relying on inside information.

Cited in the 2008 Bitcoin white paper, Back argued volatility is typical even as regulatory clarity and institutional access expands.

The crypto lender suspended client deposits and withdrawals earlier this month due to recent market and financial conditions.

Coinciding with the FCA’s announcement of its stablecoin trial, Coinbase’s Brian Armstrong criticized the U.K.’s regulatory process, saying it puts the region's global crypto leadership at risk.