The post Coinbase Reincorporates in Texas After Leaving Delaware appeared on BitcoinEthereumNews.com. Coinbase is leaving Delaware to reincorporate in Texas, citing a more pro-business, crypto-friendly climate. CEO Brian Armstrong and CLO Paul Grewal say states are now competing to host digital-asset leaders, and Texas just sent the strongest signal. The move supports Coinbase’s plan to build an onchain economy inside a state that welcomes blockchain and new business courts. Coinbase, the largest U.S. cryptocurrency exchange, says it will shift its state of incorporation from Delaware to Texas. The company calls the move a strategic choice that reflects its mission to expand economic freedom and to operate in a jurisdiction that welcomes digital-asset innovation. Coinbase notes that Texas is positioning itself as a home for high-growth, tech-forward companies and that the exchange wants to anchor itself inside that environment. Armstrong Says Texas Celebrates Builders Chief executive Brian Armstrong says Coinbase has always backed builders who grow the economy and that Texas has a culture that “celebrates” those builders. He points to Texas’s support for crypto, its lower friction for new businesses, and its public embrace of innovation as reasons to move the charter.  Coinbase frames the relocation as more than a paperwork change and calls it a recommitment to its founding ideas of freedom, competition and growth. Coinbase has always been about increasing economic freedom, and this factors into the state where we choose to incorporate. Texas has a strong culture of celebrating builders who are growing our economy, creating prosperity for all. They’ve also embraced crypto. By this metric,… https://t.co/os2RWBqlB3 — Brian Armstrong (@brian_armstrong) November 12, 2025 Related: Coinbase Launches Regulated Token Sales Platform, Picks Monad as Their First Listing Grewal Points To Rising State-Level Competition Chief legal officer Paul Grewal says the decision comes as states compete more aggressively to attract innovative companies. He says Delaware, which long dominated U.S. corporate… The post Coinbase Reincorporates in Texas After Leaving Delaware appeared on BitcoinEthereumNews.com. Coinbase is leaving Delaware to reincorporate in Texas, citing a more pro-business, crypto-friendly climate. CEO Brian Armstrong and CLO Paul Grewal say states are now competing to host digital-asset leaders, and Texas just sent the strongest signal. The move supports Coinbase’s plan to build an onchain economy inside a state that welcomes blockchain and new business courts. Coinbase, the largest U.S. cryptocurrency exchange, says it will shift its state of incorporation from Delaware to Texas. The company calls the move a strategic choice that reflects its mission to expand economic freedom and to operate in a jurisdiction that welcomes digital-asset innovation. Coinbase notes that Texas is positioning itself as a home for high-growth, tech-forward companies and that the exchange wants to anchor itself inside that environment. Armstrong Says Texas Celebrates Builders Chief executive Brian Armstrong says Coinbase has always backed builders who grow the economy and that Texas has a culture that “celebrates” those builders. He points to Texas’s support for crypto, its lower friction for new businesses, and its public embrace of innovation as reasons to move the charter.  Coinbase frames the relocation as more than a paperwork change and calls it a recommitment to its founding ideas of freedom, competition and growth. Coinbase has always been about increasing economic freedom, and this factors into the state where we choose to incorporate. Texas has a strong culture of celebrating builders who are growing our economy, creating prosperity for all. They’ve also embraced crypto. By this metric,… https://t.co/os2RWBqlB3 — Brian Armstrong (@brian_armstrong) November 12, 2025 Related: Coinbase Launches Regulated Token Sales Platform, Picks Monad as Their First Listing Grewal Points To Rising State-Level Competition Chief legal officer Paul Grewal says the decision comes as states compete more aggressively to attract innovative companies. He says Delaware, which long dominated U.S. corporate…

Coinbase Reincorporates in Texas After Leaving Delaware

2025/11/13 05:07
  • Coinbase is leaving Delaware to reincorporate in Texas, citing a more pro-business, crypto-friendly climate.
  • CEO Brian Armstrong and CLO Paul Grewal say states are now competing to host digital-asset leaders, and Texas just sent the strongest signal.
  • The move supports Coinbase’s plan to build an onchain economy inside a state that welcomes blockchain and new business courts.

Coinbase, the largest U.S. cryptocurrency exchange, says it will shift its state of incorporation from Delaware to Texas. The company calls the move a strategic choice that reflects its mission to expand economic freedom and to operate in a jurisdiction that welcomes digital-asset innovation.

Coinbase notes that Texas is positioning itself as a home for high-growth, tech-forward companies and that the exchange wants to anchor itself inside that environment.

Armstrong Says Texas Celebrates Builders

Chief executive Brian Armstrong says Coinbase has always backed builders who grow the economy and that Texas has a culture that “celebrates” those builders. He points to Texas’s support for crypto, its lower friction for new businesses, and its public embrace of innovation as reasons to move the charter. 

Coinbase frames the relocation as more than a paperwork change and calls it a recommitment to its founding ideas of freedom, competition and growth.

Related: Coinbase Launches Regulated Token Sales Platform, Picks Monad as Their First Listing

Grewal Points To Rising State-Level Competition

Chief legal officer Paul Grewal says the decision comes as states compete more aggressively to attract innovative companies. He says Delaware, which long dominated U.S. corporate law, is now facing real competition from states that are modernizing their frameworks. 

Texas has adopted business-friendly corporate amendments and set up specialized business courts, giving companies more predictability. Grewal says Coinbase studied the options and concluded that Texas now offers the best mix of efficiency, fairness and clarity for a fast-moving crypto business.

Texas Courts And Policy Tilt Toward Crypto

Texas has been building a reputation as a blockchain and digital-asset hub since at least 2021, when lawmakers passed pro-blockchain bills and Governor Greg Abbott signaled support for miners and Web3 projects. 

The new business court structure and recent corporate-code updates make it easier for large tech firms to resolve disputes quickly. Coinbase is telling the market it wants to be in the state that is writing the friendliest rules for crypto growth, not in the state that just triggered a wave of exits after high-profile rulings.

Move Backs Coinbase’s Onchain Economy Vision

Coinbase’s relocation underscores its long-term strategy to build what it calls the “onchain economy.” This vision focuses on integrating blockchain technologies into global financial systems to create greater transparency and accessibility.

Additionally, both Armstrong and Grewal expressed appreciation for Governor Greg Abbott’s leadership in creating a welcoming business environment. With this move, Coinbase positions itself at the intersection of innovation and governance, signaling confidence in Texas as a driving force for America’s next era of digital growth.

Related: CZ Calls for Coinbase Parity on BNB Chain Listings as Views Split

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/coinbase-leaves-delaware-for-texas/

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MoneyGram launches stablecoin-powered app in Colombia

MoneyGram launches stablecoin-powered app in Colombia

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia
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