Maria
Thu Aug 08 2024
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6 answers
1519
Is Coinbase a major payment institution (MPI)?
Could you please clarify if Coinbase qualifies as a major payment institution (MPI) in the realm of financial services and cryptocurrency? I'm particularly interested in understanding the criteria that define an MPI and how Coinbase aligns with those standards, given its role in facilitating digital currency transactions. Does its status as a leading cryptocurrency exchange automatically confer upon it the status of an MPI, or are there specific regulatory requirements and services it needs to offer to meet this classification?
