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  • February 19, 2026
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Surprise Coinbase loss, Bessent wants new rules

Surprise Coinbase loss, Bessent wants new rules

Reuters Videos

<span>STORY: From a surprise loss for Coinbase to Scott Bessent’s legal call, this is Crypto Weekly.</span><span>:: Crypto Weekly</span><span>:: Coinbase posts surprise loss</span><span>Coinbase posted a surprise quarterly loss of just over $666 million – its first decline in three years.</span><span>The crypto exchange was hit by weaker trading volumes due to a wideranging digital-asset selloff.</span><span>Digital assets slumped in the final three months of last year, with bitcoin plummeting from October’s record high.</span><span>Sentiment around the sector has stayed largely downbeat and hurt Coinbase trading desks.</span><span>:: Bessent wants new crypto rules soon</span><span>U.S. Treasury Secretary Scott Bessent wants to see federal rules for digital assets…</span>

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