Bitcoin went up. Coinbase will be able to legally store cryptocurrency clients


American platform to trade digital money has received permission to provide custodial services from the new York financial regulator

Management of financial services of the state of new York (NYDFS) has approved the establishment of custody division Custody Coinbase Trust Company LLC. major us stock exchange. Firm will engage a qualified storage of bitcoin, Ethereum, XRP, Litecoin, Bitcoin and Ethereum Cash Classic.

This list was a token from the company Ripple, despite the fact that it does not support any exchange or e-wallet. Earlier in the network appeared rumors that the trading platform is planning to add this asset, but this information has no official confirmation.

President and COO Coinbase Asif, Hirji announced that a new division Coinbase must meet the same requirements as already established financial institutions of the state of new York. He added that the local financial regulator is a supporter of responsible growth of the cryptocurrency industry.

The evening of 23 October, the total market capitalization of digital money is growing, since then she has risen to $3 billion, to the level of 210 billion. The cost of bitcoin again exceeded $6500, now the cryptocurrency is trading at $6520, Ethereum is worth $205.

In August, Coinbase has raised the daily trading limit to $25 thousand. Customers were able to immediately start trading without having to wait a few days until the Deposit has been received into the account.

More news on cryptocurrency can be found in our telegram channel RBC-Crypto.

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