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Coinbase Crypto Exchange Resumes Its Operation In Wyoming

Published: 06/08/2018

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What is it for?

The team of Coinbase trading platform has renewed the license to carry out activities in Wyoming (the USA), as Mike Lempres, the exchange representative, informed in the company's blog.


The exchange clients can use the Coinbase Consumer solution once again to purchase and sell crypto. According to the management, the platform will stimulate new developments and economic activities of the Wyoming citizens.


The regulatory monetary authorities and state legislators have shown an example of the effective cooperation within the framework of licensing activities and the application of existing regulations to crypto companies. Coinbase and other firms can provide services to state residents on the same terms as customers in other countries.


The platform's management expresses a special gratitude to the state governor Matt Mead, David Miller, the Majority Leader at the House of Representatives, and Senator Eli Bebout.


Coinbase aims to become open and to take the leading position in the crypto field. For this purpose, the company will continue to cooperate with regulatory financial authorities in the United States and globally. Coinbase customers from Wyoming should have access to their profiles in case they have cryptos stored on the exchange.


Coinbase was created in 2012 and has developed into one of the largest trading platforms in the world. The main currencies on the exchange are Bitcoin, Ether, and Litecoin.

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