If you’re a Coinbase user, you may have recently gotten an email from the company that looks like this:
“We’re sorry, but we can no longer provide services to residents of the state of New York.”
If you live in New York, this probably came as a surprise. After all, Coinbase is one of the most popular and well-funded cryptocurrency exchanges in operation today. So why would they suddenly stop serving customers in your state?
NOTE: WARNING: Be aware of suspicious emails from Coinbase. If you receive an email from Coinbase which requests confidential information such as your username, password or other sensitive information, do not respond or click on any links in the email. Coinbase will never send emails asking for personal information, and any emails claiming to be from Coinbase should be treated with caution. If you receive an email that appears to be from Coinbase, please contact Coinbase Support immediately for assistance.
The answer has to do with regulations. You see, in order to operate in New York, Coinbase would need to apply for and obtain a so-called “BitLicense” from the state’s Department of Financial Services.
The BitLicense was created in 2015 in response to the growing popularity of Bitcoin, and it’s designed to regulate businesses that deal in digital currencies.
Coinbase had applied for a BitLicense back in 2017, but it was never approved. The company says that it decided to stop serving New York customers because it didn’t want to deal with the “cost and complexity” of complying with the state’s regulations.
This is unfortunate news for New Yorkers who were using Coinbase, but it’s not entirely surprising. The BitLicense has been criticized by some as being too onerous and burdensome, and it’s likely that other cryptocurrency exchanges will make similar decisions in the future.
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If you’ve ever used Coinbase, you know that it’s a digital currency exchange that allows you to buy and sell cryptocurrencies. But what you may not know is that Coinbase also offers a text messaging service. The service, which is called Coinbase SMS, allows users to receive updates on their account activity and prices of the cryptocurrencies they are interested in.
If you’re a Coinbase user, you may have noticed recent emails from the company regarding changes to its privacy policy. The new policy will go into effect on May 25, and it includes some important changes that users should be aware of. In particular, Coinbase is now allowed to share more information about its users with third parties.
If you’re like most people, you probably have a love-hate relationship with your inbox. On one hand, it’s nice to have a central place where all of your important communication can be found. On the other hand, it can be overwhelming to constantly feel like you have to keep up with an ever-growing list of unread messages.
Coinbase is a digital asset exchange company founded in 2012. The company is based in San Francisco, California. Coinbase allows clients to buy and sell digital currencies such as Bitcoin, Ethereum, and Litecoin.
If you are a regular user of Coinbase, you may have noticed that the company has been sending you more emails than usual. While some might find this to be annoying, it is actually a good thing. Here’s why:
Coinbase is emailing its users more frequently because it wants to keep them informed about the latest developments with the company.
In February of this year, Coinbase, one of the most popular cryptocurrency exchanges, announced that it would be rolling out support for buying and selling Bitcoin (BTC) and Ethereum (ETH) with U.S. dollars on its platform. This was big news for the crypto community, as it meant that Coinbase would finally be allowing its users to buy and sell cryptocurrencies with fiat currency.
There are a few reasons why someone might want to work at Coinbase. First, Coinbase is one of the most well-known and respected companies in the cryptocurrency industry. This means that working at Coinbase would give someone a lot of credibility in the space.
