Cryptocurrency Q&A Is Coinbase decentralized?

Is Coinbase decentralized?

EmmaWatson EmmaWatson Mon Nov 11 2024 | 5 answers 956
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? Is Coinbase decentralized?

5 answers

CryptoWizardry CryptoWizardry Wed Nov 13 2024
Coinbase operates as a centralized exchange in the cryptocurrency market.

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Lucia Lucia Tue Nov 12 2024
This platform has achieved a significant milestone by becoming publicly traded on the stock market.

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SeoulSoul SeoulSoul Tue Nov 12 2024
Being a listed company entails adhering to strict financial regulations.

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GyeongjuGlorious GyeongjuGlorious Tue Nov 12 2024
Coinbase is subject to oversight by the Securities and Exchange Commission, which ensures compliance with securities laws.

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DongdaemunTrendsetter DongdaemunTrendsetter Tue Nov 12 2024
Additionally, it is regulated by FINRA, which monitors the activities of broker-dealers to protect investors.

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