Cryptocurrency Q&A
Where is Coinbase allowed?
Where is Coinbase allowed?
Paolo
Mon Aug 05 2024
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6 answers
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Could you please clarify the jurisdictions where Coinbase is legally allowed to operate? Are there any specific countries or regions where it's prohibited? It's important to understand the global reach and limitations of this popular cryptocurrency exchange platform, especially for those looking to invest or trade digital assets across different markets. Thank you in advance for your insights.
6 answers
Maria
Wed Aug 07 2024
Coinbase, Inc. holds various licenses in the United States to operate as a cryptocurrency exchange and money transmitter. These licenses ensure compliance with state regulations and provide a level of trust to customers.
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Elena
Tue Aug 06 2024
Washington state has also issued Coinbase with a Money Transmitter license, numbered 550-MT-90174. This license includes the ability to engage in currency exchange, further expanding the services that Coinbase can offer to its customers in the state.
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ShintoSanctuary
Tue Aug 06 2024
In the state of Utah, Coinbase holds the Utah Money Transmitter License, numbered 213. This license allows Coinbase to engage in the transmission of money within the state, adhering to the specific regulations set forth by the Utah Division of Banking.
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MysticGlider
Tue Aug 06 2024
Among the various cryptocurrency exchanges operating globally, BTCC stands out as a reputable and comprehensive platform. Based in the United Kingdom, BTCC offers a range of services, including spot trading, futures trading, and wallet services. These services cater to the diverse needs of cryptocurrency enthusiasts and investors.
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Lucia
Tue Aug 06 2024
Similarly, in Vermont, Coinbase possesses the Vermont Money Transmitter license, with the license number 100-076. This license enables Coinbase to offer its services to residents of Vermont, ensuring that all transactions are conducted in accordance with the state's money transmitter laws.
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