[Coinbase Cancels $2 Billion Acquisition Deal for Stablecoin Startup BVNK] According to Golden Finance, Coinbase has abandoned its plan to acquire the UK-based stablecoin infrastructure company BVNK, ending previously advanced negotiations for a potential $2 billion acquisition. A Coinbase spokesperson stated, 'After discussing the possibility of acquiring BVNK, both parties mutually agreed not to proceed with the matter.'