Tag: Coinbase Global Inc.

Coinbase crypto exchange expands custodial services in Asia market
February 16, 2024 BY Simon Mugo

Coinbase Stock Rallies After Returning to Profitability on Bitcoin ETFs

The latter half of 2023 saw a surge in investor interest in major cryptocurrency tokens, spurred by expectations of the U.S. Securities and Exchange Commission's (SEC) approval of spot bitcoin ETFs. This anticipation contributed to a 57% increase in bitcoin's price in the fourth quarter, which enhanced Coinbase's trading fee revenue. Despite concerns that the…

Read more
Coinbase adds Stellar Lumens (XLM) on its professional trading platform
October 24, 2018 BY Valentina Kirilova

DFS authorizes Coinbase Global to form Coinbase Custody Trust Company LLC

Financial Services Superintendent Maria T. Vullo has just 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. has held Money Transmitter and Virtual Currency licenses from…

Read more