Coinbase, Exchanges

Is Coinbase Available in Texas?

As of early 2018, Coinbase is not available in Texas. This is due to the state’s stringent money transmission lAWS, which Coinbase has yet to comply with.

However, there are a number of other exchanges that are available in Texas, so residents still have options when it comes to buying and selling cryptocurrencies.

NOTE: WARNING: Coinbase is not currently available in Texas. The company has suspended operations in the state due to regulatory concerns. As such, any attempts to open a Coinbase account in Texas or transfer funds through the platform will be unsuccessful.

The state of Texas has some of the most stringent money transmission lAWS in the United States. In order to operate in the state, exchanges must obtain a money transmitter license from the Texas Department of Banking.

Coinbase has applied for this license, but has yet to receive it.

In the meantime, residents of Texas can still use Coinbase by connecting their accounts to a supported wallet such as MetaMask. Additionally, there are a number of other exchanges that are available in Texas, so residents still have options when it comes to buying and selling cryptocurrencies.

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