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Coinbase is not an unregulated free-for-all. They are licensed in all 50 states, and is registered as an MSB with FinCEN. https://www.coinbase.com/legal/licens
by bdcravens 5y ago
Coinbase is not an unregulated free-for-all. They are licensed in all 50 states, and is registered as an MSB with FinCEN.
https://www.coinbase.com/legal/licenses https://www.coinbase.com/legal/licenses
- arcticbull 5y agoMSB licenses mean basically nothing. Money transmitters are borderline unregulated, certainly depending on which state they obtained their licensing. They were actually created as a much lighter weight framework to avoid the onerous regulation of an actual depository institution.
- codingdave 5y agoThat page does not list all 50 states, just FYI.
- alphabet9000 5y agostates not listed: California, Hawaii, Indiana, Massachusetts, Missouri, Montana, Utah, Wisconsin, and Wyoming