Major Crypto Exchange Announces Key December Update: What You Need to Know

Source: CryptoNewsNet Original Title: Key December Date Announced for Coinbase Users: Details Original Link: Major U.S. crypto exchange, a leading compliant platform, has revealed a key date in December for its users. The platform highlighted the time for a system update, announcing to its users an important event scheduled for the 17th.

The crypto exchange is urging its users to save the date for Dec. 17, as it will be unveiling the next evolution of its platform on this day. The exchange captured the significance of the update, saying “the future of money is here,” implying that a new era was beginning. This event will be broadcast in a livestream on Dec. 17 at 2:00 p.m. PST.

The countdown to the event currently shows sixteen days and eight hours remaining.

The specific details of the system update remain unknown at press time, with the exchange keeping it under wraps.

This announcement comes about a week after the platform’s funds migration. On Nov. 22, the exchange stated it was migrating funds from internal legacy wallets to new wallets as part of its efforts to maintain industry-leading security standards.

The internal wallet migrations were undertaken for BTC and ETH with large volumes of both assets shifted from existing wallets to new internal wallets. The migration was unrelated to industry changes or price conditions and was not in response to a data breach incident or external threat.

In October, JPMorgan upgraded the platform to an “overweight” rating, implying that risks have eased and the company’s valuation appears attractive in comparison to its crypto peers.

Platform Updates

Rayls (RLS) has been added to the platform’s roadmap. The exchange also recently revealed that it had disabled trading for Muse Dao (MUSE) and Wrapped Centrifuge (WCFG).

However, it has extended the suspension of trading for Clover Finance (CLV), EOS (EOS) and League of Kingdoms Arena (LOKA) to Dec. 10, 2025, on or around 2:00 p.m. ET.

Aster perpetual contracts are now available on the platform’s international exchange and advanced trading interface. Irys (IRYS), Fluid (FLUID) and World Mobile Token (WMTX) are now available on the platform.