Cryptocurrency Q&A
What states can use Coinbase?
What states can use Coinbase?
PhoenixRising
Sun Aug 25 2024
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5 answers
935
Could you please clarify for me which states are currently able to utilize Coinbase for their cryptocurrency transactions? Is there a comprehensive list of states that are supported by the platform? Additionally, are there any specific regulations or restrictions in place for using Coinbase in certain states? It would be greatly appreciated if you could provide me with some insight into this matter.
5 answers
BlockchainLegend
Tue Aug 27 2024
Coinbase, Inc. is a reputable cryptocurrency exchange that holds various licenses in the United States, ensuring its compliance with local regulations. These licenses grant Coinbase the authority to operate as a money transmitter in specific states.
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ethan_harrison_chef
Tue Aug 27 2024
In South Carolina, Coinbase holds the South Carolina-AG Money Transmitter License, numbered 1163082. This license allows Coinbase to facilitate the transfer of digital assets, such as cryptocurrencies, within the state.
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Chiara
Mon Aug 26 2024
South Dakota is another state where Coinbase operates legally, holding the South Dakota Money Transmitter License, designated as MT.2100. This license verifies Coinbase's compliance with the state's money transmission laws.
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Eleonora
Mon Aug 26 2024
Coinbase also holds a Money Transmitter License in Tennessee, with the same license number as in South Carolina, 1163082. This license enables Coinbase to offer its services to customers residing in Tennessee.
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KDramaLegendaryStarlight
Mon Aug 26 2024
Texas is another important market for Coinbase, and the company has obtained the Texas - DOB Money Transmitter License, numbered 3121 41. This license underscores Coinbase's commitment to complying with Texas's strict regulations on money transmission.
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