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Regulators Approve Coinbase to Offer Custody Services in New York State

Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc. With the approval, Coinbase is ...

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Regulators Approve Coinbase to Offer Custody Services in New York State

Coinbase has secured approval from New York state regulators to act “as a limited purpose trust company” in the state, a press release reveals. According to the release, the New York Department of Financial Services (DFS) has officially signed off on an application for the Coinbase Custody Trust Company, a subsidiary of Coinbase Global, Inc. With the approval, Coinbase is ...

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Coinbase Just Added Its First Stablecoin

Coinbase is integrating its first stablecoin, joining other top exchanges in what has become a listing race to add Tether’s rising competitors. As detailed in an October 23, 2018, blog post, Coinbase has added support for Circle’s USD Coin (USDC). Starting today, U.S. Coinbase users — with the exception of those in N.Y. state — can buy and sell the ...

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Coinbase Just Added Its First Stablecoin

Coinbase is integrating its first stablecoin, joining other top exchanges in what has become a listing race to add Tether’s rising competitors. As detailed in an October 23, 2018, blog post, Coinbase has added support for Circle’s USD Coin (USDC). Starting today, U.S. Coinbase users — with the exception of those in N.Y. state — can buy and sell the ...

Read More »

Coinbase Just Added Its First Stablecoin

Coinbase is integrating its first stablecoin, joining other top exchanges in what has become a listing race to add Tether’s rising competitors. As detailed in an October 23, 2018, blog post, Coinbase has added support for Circle’s USD Coin (USDC). Starting today, U.S. Coinbase users — with the exception of those in N.Y. state — can buy and sell the ...

Read More »

Fidelity’s Cryptocurrency and Blockchain Technology SVP Joins BLOQ as COO

Blockchain startup Bloq has announced the appointment of former Fidelity Investments executive Hadley Stern as its first chief operating officer — the latest in a string of hires poached from a legacy financial firm by blockchain startups. Launched in 2016 by Bitcoin core developer and former software engineer at Red Hat Jeff Garzik and venture capitalist Matthew Roszak, Bloq helps ...

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