Coinbase is actively engaging with government agencies amid growing interest in cryptocurrencies and a changing regulatory landscape.
Coinbase's Collaboration with Government Agencies
Coinbase currently collaborates with 145 U.S. government agencies and 29 international organizations amidst rapidly changing crypto regulatory conditions. The company holds money transmitter licenses in 43 states, a BitLicense in New York, and NYDFS oversight, allowing it to operate nationwide. Internationally, Coinbase is registered in markets such as Europe, Singapore, Canada, and the United Kingdom.
Impact on Institutional Investments
According to Coinbase CEO Brian Armstrong, the launch of the U.S. Strategic Bitcoin Reserve has boosted institutional interest in cryptocurrencies. In response to the growing demand from institutional investors, Armstrong has announced plans to add 1,000 new staff by 2025, noting increased regulatory clarity.
Recent Token Listing Changes
On March 13, Coinbase announced the delisting of Floki (FLOKI), TURBO, and GIGA for New York users, as these tokens no longer meet listing standards following a routine review. Trading for these assets will end on April 14. On the same day, the exchange plans to list Aethir (ATH).
Coinbase continues to engage with government agencies and investors, adapting to the changing regulatory environment while maintaining strict token listing standards.
