Coinbase Obtains the Bitlicense

By Juan Suarez • 1min read
Coinbase Obtains the Bitlicense

We are excited to announce that Coinbase has obtained the Bitlicense from the New York Department of Financial Services. The Bitlicense, which authorizes Coinbase’s continuing virtual currency business operations in the state of New York, is an important validation of our highest priority: to operate the most secure and compliant digital currency exchange in the world. We believe the long-term success of virtual currency and blockchain technologies will require productive partnerships between industry and government, and we will continue to make heavy investments in the security and integrity of our operations as we expand our business in New York and around the world.

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Disclaimers: Derivatives trading through the Coinbase Advanced platform is offered to eligible EEA customers by Coinbase Financial Services Europe Ltd. (CySEC License 374/19). In order to access derivatives, customers will need to pass through our standard assessment checks to determine their eligibility and suitability for this product.