The former LinkedIn’s head of analytics and data science Michael Li has been hired as the VP of data, while Brian Brooks, a former executive at Fannie Mae, has become a new chief legal officer at Coinbase.
Coinbase has renewed its money transmitter license in Wyoming, marking a long-waited return since being pulled out from the state three years ago.
The leading exchange Coinbase has revealed its achievements in the second quarter of 2018.
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.