Coinbase, one of the most popular cryptocurrency exchanges, is available in California. However, is it legal?
The simple answer is yes, Coinbase is legal in California. However, there are a few caveats.
Coinbase is a regulated company. This means that they are held to certain standards and must follow specific guidelines.
They are also required to have a money transmitter license in order to operate in California.
Coinbase complies with these regulations and guidelines. They have a money transmitter license and follow all the required procedures.
This ensures that Coinbase is a safe and legal way to buy, sell, and store cryptocurrencies in California.