Coinbase: First regulated Bitcoin Exchange in the U.S.

CoinbaseAfter the successful funding round which brought $75 million to the company, Coinbase make the next big step and revealed that they will open the first regulated bitcoin exchange in the U.S. today. Coinbase declared that it has the regulatory approval in half of all stats including New York. To get the necessary licenses and approvals in th U. S. took five months.

Coinbase will only offer services to customers that sign up in states were they approved. So they already offers their services in 19 countries overseas, including countries like the Netherlands, Austria, France and Italy where they have been approved. And there are plans to gain approval in further states.

For Bitcoin users the licensed service means that they are able to exchange their money in Bitcoin legally and without any juristic consequences.

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