Tag: Coinbase

Coinbase Could Soon Return to India as Crypto Exchange Registers With Country's Anti-Money Laundering Regulator

Coinbase Could Soon Return to India as Crypto Exchange Registers With Country’s Anti-Money Laundering Regulator

Coinbase (COIN) is one step closer to fully returning to India after securing registration with the Financial Intelligence Unit (FIU), the crypto exchange said on Tuesday. The Nasdaq-listed company, which was active in the country several years ago, faced a number of issues due to regulatory pressure and eventually backed away from India. In 2022, it started operations in the…

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Coinbase Blames FDIC for Refusal to Cooperate in Operation Choke Point 2.0

Crypto exchange Coinbase has stated that the Federal Deposit Insurance Cooperation (FDIC) has refused to cooperate in Operation Choke Point 2.0 investigation while denying transparency on their part. While other agencies like the U.S. Office of the Comptroller of the Currency (OCC) rolled back in 2020 guidance, agencies like the FDIC have been reluctant on this matter. Coinbase CLO Blames…

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