What licenses does Coinbase hold to operate as a secure cryptocurrency exchange?

1 answers

• MalleeswaranMay 22, 2024 · a year ago
  As a secure cryptocurrency exchange, Coinbase holds various licenses to ensure regulatory compliance. One of the important licenses is the BitLicense issued by the NYDFS, which allows Coinbase to operate in New York. This license requires Coinbase to implement robust security measures and adhere to strict regulatory standards. Additionally, Coinbase is registered as an MSB with FinCEN, which requires the exchange to have effective AML and KYC procedures in place. These licenses and registrations demonstrate Coinbase's commitment to maintaining a secure and compliant trading environment for its users.
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