Coinbase Partners with Perplexity AI to Integrate Crypto Data Jonathan Gould Confirmed as OCC Head in Crypto-Friendly Move Florida Investigates Robinhood Over Alleged Crypto Cost Misrepresentation

Coinbase has formed a partnership with Perplexity AI to integrate its crypto market data into the search startup’s tools. The initial phase of this collaboration involves incorporating Coinbase’s market data into Perplexity’s Comet browser. Coinbase CEO Brian Armstrong highlighted the significance of this move, stating that it reflects the growing mainstream interest in crypto, which is now on par with traditional equities. Armstrong noted on social media that the search volume for crypto information is comparable to that for stocks. The next phase of the partnership aims to embed Coinbase’s data directly into Perplexity’s conversational AI, allowing traders to screen for trade ideas, analyze on-chain activity, and research tokens using natural language queries.

Jonathan Gould, a former top lawyer at blockchain firm Bitfury, has been confirmed to lead the U.S. Office of the Comptroller of the Currency (OCC). The Senate approved Gould in a 50-45 vote, marking another step by the administration to appoint figures seen as more favorable to the digital asset sector. Gould previously served as senior deputy comptroller and chief counsel at the OCC, working alongside acting comptroller Brian Brooks, who played a key role in securing the first crypto bank charter for Anchorage Digital. Both men later joined Bitfury, with Gould serving as its chief legal officer. Under the current administration, the OCC, along with the Federal Reserve and the Federal Deposit Insurance Corp., had issued warnings to banks about the risks associated with handling crypto businesses. These policies, which some critics argue effectively cut crypto firms off from banking services, are now under review as the administration reopens the door to digital assets.

Florida’s top law enforcement official is conducting an investigation into Robinhood’s cryptocurrency business over allegations that the trading app misled users about the true costs of buying and selling digital assets. The state’s attorney general has subpoenaed Robinhood for marketing materials and internal documents related to its crypto services. The investigation focuses on whether Robinhood’s claim of being the “least expensive way to purchase crypto” accurately represents the actual costs customers face. The attorney general stated that consumers deserve transparency in their transactions and that Robinhood’s representations were deceptive. Robinhood’s general counsel defended the company’s disclosures, stating that the app provides clear information on spreads, fees, and revenue during each trade. The investigation will examine whether Robinhood’s payment for order flow (PFOF) system, where the company routes customer trades to third-party market makers in exchange for payments, inflates trading costs for crypto users while the platform markets itself as the cheapest option.