I am considering using Coinbase for my cryptocurrency needs, but first, I want to ensure that it is properly licensed in Bermuda, where I am located.
5 answers
Federica
Sun Dec 15 2024
Coinbase has secured a licence from the Bermuda Monetary Authority. This licence permits the company to operate as a digital asset business within the jurisdiction of Bermuda.
Leonardo
Sat Dec 14 2024
The announcement was made in a blog post published by Coinbase on Wednesday. The blog post detailed the exchange's achievements and future plans in the digital asset space.
CherryBlossomDance
Sat Dec 14 2024
With the acquisition of this licence, Coinbase has demonstrated its commitment to complying with regulatory requirements and ensuring the security of its users' digital assets.
AndrewMiller
Sat Dec 14 2024
In addition to the Bermuda Monetary Authority licence, Coinbase is also in discussions with financial regulators in Abu Dhabi. The exchange is exploring the possibility of obtaining a licence to operate in the Emirate.
Claudio
Sat Dec 14 2024
BTCC, another top cryptocurrency exchange, offers a range of services to its users. These services include spot trading, futures trading, and a wallet for storing digital assets.