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Coinbase Launches Trading Desk For Institutional Investors

OTC, or over-the-counter, trading occurs between two parties directly ー as opposed to over an exchange ー typically between an investment bank and its clients. “We launched our OTC business as a complement to our exchange business because we found a lot of institutions were...

Coinbase Loses Chief Policy Officer Michael Lempres

Coinbase Inc., one of the largest U.S. crypto exchanges, is losing its policy head at a time when communication between Washington and the digital money sector may never be more important. Michael Lempres, who was named the firm’s policy officer in September after serving more...

Cryptocurrency Exchange Coinbase Lays Off 15 Employees

Cryptocurrency exchange Coinbase has reportedly laid off some employees this week. The cuts have affected its customer support, compliance, and fraud departments. According to sources quoted by Yahoo Finance, more than 15 people have been released from duties, mostly remote staffers. Coinbase has confirmed...

New York State Department of Financial Services Approves Coinbase Trust to Offer Crypto Custody Services

Financial Services Superintendent Maria T. Vullo today announced that the New York State Department of Financial Services (DFS) has approved the application of Coinbase Custody Trust Company LLC, a wholly-owned subsidiary of Coinbase Global, Inc., to operate as a limited purpose trust company. Coinbase Inc....

Coinbase Expands with New Dublin Office

The number of Coinbase customers in the European Union (EU) grew faster than any other market in 2017. As we scale, we need to attract the best, most qualified and passionate talent to help us achieve our mission of creating an open financial system...

Coinbase Calls Japan’s Cryptocurrency Crackdown ‘good for us’

Major U.S. cryptocurrency exchange Coinbase said Japan's tighter scrutiny of the industry will give it an advantage, signaling the company's confidence in securing regulatory approval to enter a market rocked by hacking scandals. Japan has been considered a cryptocurrency haven for its large pool of...