Coinbase is helping governments engage with crypto

On March 6, the US announced plans to launch a strategic bitcoin reserve. This marks an extraordinary milestone in the history of crypto. The establishment of the strategic reserve is part of a broader move from national governments, as well as many US states, to expand their participation in the cryptoeconomy. Whether that means embracing bitcoin as a store of value or leveraging blockchain technology to make critical systems run more efficiently, governments are rapidly becoming major players in crypto.    

We are proud of our ongoing work with more than 150 government entities to help them manage and safeguard digital assets with regulated, secure, and comprehensive solutions. For more information about our trading and custody capabilities, reach out to our team at government @ coinbase.com. 

The trusted crypto partner for governments

Governments and leading institutions partner with Coinbase as the most trusted name in crypto. We earned that distinction by adhering to a strict set of principles and providing our clients with the full set of support and solutions that they need to confidently navigate the crypto landscape. 

Comprehensive, compliant platform

When it comes to crypto, trust and compliance are paramount, and they are core to the Coinbase  DNA. As the only publicly traded crypto exchange in the US, and as a fiduciary to our institutional clients under New York state law, we adhere to a stringent set of regulations that ensures the safety of our clients’ assets. We operate in every US state, hold 43 money transmitter licenses, a BitLicense in New York, and are regulated by the NY DFS. Internationally, we are registered in the UK (FCA), Canada (CSA), Singapore (MAS), Argentina (CNV), and across much of Europe. 

We also offer one of the broadest platforms in crypto, supporting over 40 blockchains across hundreds of assets. We provide the scale and expertise that our clients need to transact safely and efficiently.

Foundation built on security and innovation

Coinbase has safeguarded digital assets at scale with industry leading security for more than 13 years. That track record has made us the custodian of choice for leading institutions around the globe. In fact, nearly 12% of the world’s crypto assets are safely stored on behalf of customers on our platform. And when some of the world’s largest financial institutions began to offer spot crypto ETFs last year, an overwhelming majority of issuers chose Coinbase as their custodian. 

Our cutting-edge encryption, physical safeguards, and multifactor controls keep security at the heart of everything we do. And we continuously invest in technology, processes, and systems to ensure we maintain the highest level of security for our clients’ assets.

Trusted partnerships

We are a holistic partner to our government clients. In addition to trading and custody, we offer portfolio and treasury management, due diligence, ongoing education, and more. We’re committed to helping governments understand market structure, implement technical solutions, and effectively manage risk in the cryptoeconomy.

Learn more about our specific solutions for governments here. 

FOOTNOTE:

Coinbase Inc. is not a United States federal government contractor and provides services to governments outside of government contracts, both in the US and abroad.