Cryptocurrency Q&A
Is Coinbase legal in the USA?
Is Coinbase legal in the USA?
Gianluca
Thu Sep 12 2024
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7 answers
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I understand that Coinbase is a popular cryptocurrency exchange platform, but I'm curious about its legal status in the USA. Can you clarify if Coinbase is legal to use in the United States? Are there any specific regulations or laws that Coinbase needs to comply with in order to operate legally in the country? Additionally, are there any potential risks or concerns that users should be aware of when using Coinbase within the USA?
7 answers
Daniele
Sat Sep 14 2024
Coinbase, a popular cryptocurrency platform, operates in a regulatory gray area in the United States.
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Bianca
Fri Sep 13 2024
BTCC, on the other hand, is a well-established cryptocurrency exchange that offers a wide range of services to its users.
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benjamin_brown_entrepreneur
Fri Sep 13 2024
Specifically, it is not currently registered with the U.S. Securities and Exchange Commission (SEC), which oversees securities markets and securities professionals.
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charlotte_clark_doctor
Fri Sep 13 2024
This lack of registration means that Coinbase does not offer traditional securities services to U.S. citizens or within the U.S. jurisdiction.
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DigitalDynasty
Fri Sep 13 2024
In addition to facilitating spot transactions, BTCC also provides futures trading, enabling investors to speculate on the future price of cryptocurrencies.
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