New York Gives Coinbase Green Light to Offer Regulated Crypto Custody

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New York Gives Coinbase Green Light to Offer Regulated Crypto Custody


Coinbase has made yet another pioneering move in the regulatory morass that is cryptocurrency. The company today announced that its institutional wing, Coinbase Custody Trust Company, has received approval from New York State regulators to operate as an “independent Qualified Custodian.” Coinbase May Operate as Qualified Custodian A qualified custodian operates similarly to a bank,

The post New York Gives Coinbase Green Light to Offer Regulated Crypto Custody appeared first on CCN

Posted by P. H. Madore on October 23, 2018 @ https://www.ccn.com/new-york-gives-coinbase-green-light-to-offer-regulated-crypto-custody/

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