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Coinbase Obtains Virtual Asset Business License in New York State

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Uk Jin
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  • Coinbase announced that it has obtained a virtual asset business license in New York State.
  • As a result, Coinbase can now offer regulated virtual asset products to residents of New York.
  • Meanwhile, Coinbase's stock price fell 8.14% on Nasdaq but rose slightly in the over-the-counter market.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

The cryptocurrency exchange Coinbase has obtained a virtual asset business license in New York State.

On the 7th (local time), Coinbase announced via X (Twitter) that it had obtained a virtual asset business license from the New York State Department of Financial Services (NYDFS). As a result, Coinbase can now offer regulated virtual asset products to residents of New York.

Meanwhile, Coinbase closed at $264.33 on Nasdaq, down 8.14% from the previous day. In the over-the-counter market, it is trading at $265.21, up 0.33%.

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