TaekwondoPower
Fri Jul 19 2024
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7 answers
1466
Does Coinbase have a virtual asset service provider (VASP)?
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?
