A great number of Coinbase users sent countless reports to the Securities and Exchange Commission, complaining that they had lost their funds.
The trading platform that has been around for three years is replaced with its improved analogue. The new solution specially designed for individual crypto traders is already available for users.
Coinbase is working with the Japanese FSA to obtain a license with Mitsubishi UFJ Financial Group Inc. (MUFG) to be its prospective banking partner.
The rebranding of GDAX will make trading experience more easy and intuitive, while integrating the Paradex platform will give customers access to more digital currencies.
By offering advanced products for institutional investors, Coinbase tries to satisfy their growing demands in the crypto sphere.
Coinbase will be offering its block trading facility on its professional trading platform GDAX which will allow institutional investors to trade digital currencies in bulk.
Given the explosion of the cryptosphere, Coinbase’s valuations have soared by 500% during the last eight months.
The cryptocurrency exchange that has significantly stimulated the popularity of Bitcoin is trying to play by the rules of the game set by the United States Securities and Exchange Commission – and definitely does it in a beneficial manner.
Coinbase is now experiencing a period of active development and growth. In order to provide the best quality of its performance, a strong team is needed.
Coinbase Venture will help in offering finances to early-stage companies working in the blockchain and cryptocurrency space.
The addition of support for ERC 20 tokens will be done across the entire range of digital asset products of Coinbase.
With a view to add new directions of operations and expand its services, Coinbase may acquire a crypto social network and two-sided marketplace Earn.com.
Coinbase and GDAX have adopted SegWit, which means that all their users will soon have an opportunity to enjoy lower fees and faster Bitcoin transactions.