#Cryptocurrency Exchange Coinbase May Apply for a Banking License: Report

in #cryptocurrency8 years ago

Cryptocurrency brokerage firm Coinbase has met with US regulators to discuss applying for a banking license, according to an anonymous source familiar with the matter.

Coinbase-760x400.jpg
Featured Image from Shutterstock

As CCN reported, Coinbase is said to have approached the SEC about becoming a registered broker-dealer. The company is also one of only five firms that have received New York’s BitLicense, which is required to facilitate cryptocurrency trading in the highly-regulated state...Click here to know the details story

AUTHOR

Josiah Wilmoth

Please visit my blog: @wilson76

Coin Marketplace

STEEM 0.05
TRX 0.28
JST 0.043
BTC 67817.83
ETH 1962.08
USDT 1.00
SBD 0.38