Cryptocurrency Q&A
Does Coinbase have a virtual asset service provider (VASP)?
Does Coinbase have a virtual asset service provider (VASP)?
TaekwondoPower
Fri Jul 19 2024
|
7 answers
1466
As a cryptocurrency enthusiast and investor, I'm curious about the regulatory compliance of major exchanges. With the increasing scrutiny on crypto platforms, I'm wondering if Coinbase, one of the leading cryptocurrency exchanges, has a virtual asset service provider (VASP) status. This status is often required in certain jurisdictions to ensure that exchanges are operating within the legal framework and adhering to anti-money laundering (AML) and know-your-customer (KYC) regulations. Having a VASP status would indicate that Coinbase is taking the necessary steps to ensure the safety and security of its users' funds. Could you elaborate on whether Coinbase holds such a status and what it means for its users?
Previous
What factors influence the price of ASI's token?
Next
Is BTC-Alpha a good cryptocurrency exchange?
7 answers
Filippo
Sat Jul 20 2024
Coinbase, a leading global cryptocurrency exchange, has been expanding its operations worldwide to cater to the growing demand for digital currencies.
Was this helpful?
52
97
HanbokGlamour
Sat Jul 20 2024
The French Autorité des Marchés Financiers (AMF) has granted Coinbase a virtual asset service provider (VASP) approval.
Was this helpful?
390
82
Riccardo
Sat Jul 20 2024
France's recognition of Coinbase as a VASP further validates the company's commitment to compliance and transparency in the cryptocurrency industry.
Was this helpful?
349
81
IncheonBeauty
Sat Jul 20 2024
This approval signifies that Coinbase has met the regulatory requirements set by the AMF for operating digital currency services in France.
Was this helpful?
173
44
mia_clark_teacher
Sat Jul 20 2024
With this approval, Coinbase is now authorized to offer its services to French customers, including the buying, selling, and trading of cryptocurrencies.
Was this helpful?
233
81
Load 5 more related questions
