Coinbase Acquires Finance Firms to Initiate Process of Becoming SEC Regulated Broker

Coinbase-Acquires-Finance-Firms-to-Initiate-Process-of-Becoming-SEC-regulated-broker

Coinbase, the leading cryptocurrency trading platform initiated the process to acquire securities dealer Keystone capital Corporation and Venovate Marketplace Inc, and Digital Wealth LLC, in order to initiate the process of becoming a fully regulated broker dealer by the SEC.

This acquisition should help the exchange extend their reach and subsequently expand into non-cryptocurrency financial products.

FREE CRYPTO COIN JUNKY HANDBOOK - 147 page guide covering Crypto Fundamentals, Beginners/Advanced Crypto Trading Strategies, Crypto Mining Techniques, ICO Investment strategies, and so much more.

CRYPTO TRADING STRATEGY GUIDES - Whether You're Day Trading, Swing Trading, Or Just Investing...Our Extensive Guides Will Get You To Where You Want To Be.

Coinbase states that they look forward to working with regulators in order to tokenize existing types of securities. This will help the exchange become more accessible to capital markets for both companies and large investors within the industry.

Coinbase stated in a tweet today that they were “on track” to listing regulated SEC blockchain securities. If approved this will allow the company to offer blockchain based securities under the oversight of the SEC. This will be all made possible through the acquisitions of these financial firms, thus entitling them to a broker dealer license.

Coinbase also revealed their plans move into the Japanese cryptocurrency market space as it intends to apply for a license with the countries regulators. However with Japan being the world’s largest marketplace for cryptocurrency, Coinbase could face some stiff competition.

The country currently houses 16 registered cryptocurrency exchanges with Coincheck being the largest in the country. They allegedly generated $150 million in quarterly profits.

Leave a Comment

Latest Crypto News

Mt. Gox Begins Civil Rehabilitation – Ends BTC Selloffs

Mt. Gox Begins Civil Rehabilitation – Ends BTC Selloffs

Mt. Gox Begins Civil Rehabilitation – Ends BTC Selloffs Mt Gox, the bankrupt cryptocurrency exchange, has now entered civil rehabilitation proceedings according to their official announcement on June 22. According to the proceedings documentation, Nobuaki

Bloomberg-Terminal-Lists-Crypto-Index-from-Huobi

Bloomberg Terminal Lists Crypto Index from Huobi

Bloomberg Terminal Lists Crypto Index from Huobi The paid financial monitoring service, Bloomberg Terminal, has now listed the cryptocurrency exchange Huobi Cryptocurrency Index according to press release on June 21. Nine cryptocurrency trading pairs will

Stanford-University-Launches-Blockchain-Research-Center

Stanford University Launches Blockchain Research Center

Stanford University Launches Blockchain Research Center Stanford University has recently created the Center For Blockchain Research according to their Stanford Engineering website posted on June 20. The research center is supported in part by the

Sixth Largest Crypto Exchange BitThumb Hacked

Sixth Largest Crypto Exchange BitThumb Hacked

Sixth Largest Crypto Exchange BitThumb Hacked   Hackers have stolen cryptocurrencies worth $30 million from South Korea’s leading virtual currency exchange Bithumb, reported June 19. As a result all deposits and payments have been temporarily suspended. —

Cointelegraph-Launches-DApp-Aggregator-for-platform-discovery

Cointelegraph Launches DApp Aggregator for Platform Discovery

Cointelegraph Launches DAppHub Aggregator for Platform Discovery Cointelegraph announced on June 19 that that they launched a decentralized application aggregator (DApps) for analysis and easy discovery of the increasingly growing number of decentralized apps in

Binance Supports Malta Stock Exchange’s Startup Accelerator Program

Binance Backs Malta’s Stock Exchange’s Startup

Binance Backs Malta’s Stock Exchange’s Startup The Malta Stock Exchange (MSE) has announced that digital currency exchange Binance is backing its newly launched program to support fintech and crypto startups, Finance Magnates reported June 18. According to a tweet

Italian Authorities Seize Bitcoin From BitGrail

Italian Authorities Seize Bitcoin From BitGrail

Italian Authorities Seize Bitcoin From BitGrail Bitgrail, the Italian cryptocurrency exchange announced today that Bitcoin’s stored on the firm’s wallet were seized by Italian authorities according to this official announcement on June 15. The authorities

Sign Up Below!
Airdroppin the Latest Crypto News, Trading Strategies, Tools, & Reviews



1
Bitcoin
Bitcoin
$6,140.32
-7.91%
2
Ethereum
Ethereum
$471.61
-8.63%
3
Ripple
Ripple
$0.4917
-6.45%
4
Bitcoin Cash
Bitcoin Cash
$760.23
-10.62%
6
Litecoin
Litecoin
$84.670
-10.05%
8
Cardano
Cardano
$0.1403
-8.33%
7
Stellar
Stellar
$0.2034
-8.79%
12
NEO
NEO
$33.555
-8.76%
5
EOS
EOS
$8.485
-16.01%
10
IOTA
IOTA
$1.0018
-11.31%

Crypto Guides & Tutorials

 Crypto Reviews

Subscribe to Our Social Media Daily Crypto Memes
Follow, Like, and Share Our Memes With The World

 

Pin It on Pinterest

Plus Free Crypto Trading Guides, Tutorials, Latest Crypto News,
and Altcoin Reviews. (Coming Soon: Pro Trading Signals)
SIGNUP FOR YOUR FREE
CRYPTO COIN JUNKY
HANDBOOK
DOWNLOAD NOW
We hate spam as much as you do. Unsubscribe anytime.
Plus Free Crypto Trading Guides, Tutorials,
Latest Crypto News, and Altcoin Reviews
(Coming Soon: Pro Trading Signals)
DOWNLOAD NOW
We hate spam as much as you do. Unsubscribe anytime.
SIGNUP FOR YOUR FREE
CRYPTO COIN JUNKY
HANDBOOK
Plus Free Crypto Trading Guides, Tutorials, Latest Crypto News,
and Altcoin Reviews. (Coming Soon: Pro Trading Signals)
SIGNUP FOR YOUR FREE
CRYPTO COIN JUNKY
HANDBOOK
DOWNLOAD NOW
We hate spam as much as you do. Unsubscribe anytime.
Plus Free Crypto Trading Guides, Tutorials,
Latest Crypto News, and Altcoin Reviews
(Coming Soon: Pro Trading Signals)
DOWNLOAD NOW
We hate spam as much as you do. Unsubscribe anytime.
SIGNUP FOR YOUR FREE
CRYPTO COIN JUNKY
HANDBOOK