The New York Department of Financial Services approved the virtual currency and money transmitter license for Coinbase after a thorough review of its applications.
According to Jeffrey Berns, more than a million Americans are subject to the summons granted to the IRS.
A Coinbase, Inc. customer filed a motion late Tuesday in federal court seeking to block the Internal Revenue Service from accessing personal and transactional information of individuals who used the Coinbase Bitcoin trading and storage platform between 2013-2015.
Newcomers to cryptocurrencies will now be able to purchase bitcoin through Buy Widget, aa new product developed by the California-based bitcoin wallet provider.
Following four-month Coinbase integration pilot program, the largest financial group has launched an option to allow US military personnel check their account balances.
After months of successful bitcoin paywall trial earlier this year, the Chicago Sun-Times announced its partnership with San Francisco-based bitcoin startup Coinbase to accept Bitcoins as payment for subscription.