Brian Armstrong believes that the US will fall behind other countries if it implements newly-rumored regulations offered by the Treasury
Coinbase is one of the veteran cryptocurrency exchanges. It was founded in June 2012 and since then allows its users to transact between FIAT and digital currencies. The company is based in San Francisco, USA.
Coinbase was established by Fred Ehrsam and Brian Armstrong, who’s also the current CEO. It has grown substantially since its launch, and it is currently the leading regulated US-based cryptocurrency exchange.
Apart from providing a platform for individuals, Coinbase also offers a solution for institutional investors. It’s called Coinbase Prime. The Prime platform offers more robust and complex trading tools, geared toward larger investors.
Besides, the company launched in 2018 a custody service, which provides its clients with an institutional-grade offline storage solution. It is also regulated by the New York Department of Financial Services (NYDFS) and operates as an independently capitalized entity.
It’s safe to say that Coinbase is working towards the establishment of an entire ecosystem where traders can purchase, store, and sell cryptocurrencies in a secure and regulated manner.
Recent Coinbase News
The US-based cryptocurrency exchange Coinbase Pro will suspend margin trading entirely starting from December to comply with CFTC guidance.
U.S-based passport and visa expeditor Peninsula Visa announced that it will now accept Bitcoin payments for select passport services. Coinbase
US-based customers will be able to enjoy up to 4% rewards while spending their digital assets with Coinbase's new Visa
While urging company employees to vote and volunteer in the upcoming elections, Ripple CEO bashed Coinbase for its apolitical procedures.
Coinbase released its Transparency Report: Over 96% of all information requests come from criminal investigations by American agencies.
Coinbase announced that it will support Bitcoin development activities by funding at least two Bitcoin Core contributors through its new
Serena Ventures, the VC firm launched by Serena Williams in 2014, has removed Coinbase from the list of companies the
After sharing a new apolitical company mission last week, Coinbase CEO Brian Armstrong admitted that 5% of employees have left,
Twitter CEO Jack Dorsey has disagreed with Coinbase CEO Brian Armstrong's comments that the exchange should maintain "apolitical" views.