Bitcoin Watch – Coinbase takes further steps to becoming regulated

Earlier this week, digital currency exchange, Coinbase announced it is on track to operate as a fully regulated broker-dealer, pending approval by federal authorities. If approved, Coinbase will soon be capable of offering blockchain-based securities, under the oversight of the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). This step is being made possible by its acquisition of Keystone Capital Corp., Venovate Marketplace, Inc., and Digital Wealth LLC. According to the exchanges blog, “securing these licenses will bring us a step closer to our goal, which is to be the most trusted way for our customers to buy, sell, and use many different types of crypto assets.”

Stay updated here with how the cryptocurrency is tracking: