Coinbase makes progress to become regulated securities firm

posted 5 months ago
Cryptocurrency exchange Coinbase announced Wednesday that it was making strides toward its goal of operating a federally regulated broker-dealer.

Chief operating officer and president Asiff Hirji wrote in a company blog post that the firm is in the process of acquiring a broker-dealer license. The company intends to seek approval from the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) to offer blockchain-based securities.
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