Despite its popularity — or perhaps because of it — the cryptocurrency exchange Coinbase has been at the front lines of many of the issues plaguing the cryptocurrency market. Its new e-money license in the U.K. could go a long way to easing some of those pains.
Coinbase Inc., one of the largest cryptocurrency exchanges, said it obtained an e-money license in the U.K. as it expands services in Europe. A local subsidiary also opened an account at Barclays Plc, easing deposits and withdrawal for clients.
Coinbase Inc. was slapped with a pair of lawsuits by disgruntled consumers, one alleging insider trading by employees at the giant digital currency exchange and the other accusing the company of failing to deliver cryptocurrencies to people who didn’t have accounts.
Coinbase Inc., one of the largest U.S. cryptocurrency exchanges, is dialing up its expansion efforts by bringing in a prolific Silicon Valley dealmaker.
Digital-assets exchange Coinbase Inc. is releasing a service for merchants to accept Bitcoin, Bitcoin Cash, Ethereum and Litecoin payments, and deposit them into their own digital wallets.
Even as investors are lured by their price gains and volatility, the biggest institutions are reluctant to get in, raising further concerns about liquidity.
Coinbase has received approval from the New York State Department of Financial Services to offer trading of the digital currency ether, along with other products.
