I'm curious about the decentralization status of Coinbase. I want to know if Coinbase operates in a decentralized manner, similar to how many other cryptocurrency platforms function. Specifically, does it have a decentralized structure or is it centralized?
5 answers
CryptoWizardry
Wed Nov 13 2024
Coinbase operates as a centralized exchange in the cryptocurrency market.
Lucia
Tue Nov 12 2024
This platform has achieved a significant milestone by becoming publicly traded on the stock market.
SeoulSoul
Tue Nov 12 2024
Being a listed company entails adhering to strict financial regulations.
GyeongjuGlorious
Tue Nov 12 2024
Coinbase is subject to oversight by the Securities and Exchange Commission, which ensures compliance with securities laws.
DongdaemunTrendsetter
Tue Nov 12 2024
Additionally, it is regulated by FINRA, which monitors the activities of broker-dealers to protect investors.