Coinbase is working with 145 US government agencies

Coinbase is currently working with 145 American government agencies and 29 international people in the midst of a regulatory landscape of cryptocurrency quickly changing.

According to an article of March 13 on X by the CEO of Coinbase, Brian Armstrong, the launch of the American Bitcoin Strategic Reserve increased institutional interest for the crypto. Coinbase aims to help governments exchange, store and safely use digital assets, encouraging more agencies to move in chain. Armstrong has also invited government institutions to hand hands related to cryptography.

Coinbase has become a favorite partner for government agencies because of its solid security and compliance structure. The company holds 43 cash issues, a bit applying in New York and monitoring of the NYDFS, which allows it to operate in all states in the United States

It is also registered in Important International marketsIncluding Europe, Singapore, Canada and the United Kingdom. Coinbase guarantees almost 12% of world cryptography assets and is the guardian of choice for major financial institutions offering negotiated funds in exchange for crypto, according to a blog job on their website.

In response to the growing demand for institutions, Armstrong alluded to plans to add 1,000 new staff members by 2025, citing increased regulatory clarity. After his presence at the top of the White House crypto, he noted that the change In the United States, regulatory policy gives Coinbase greater confidence to make interior investments.

Meanwhile, March 13, Coinbase announcement Floki’s delimitation (Herd), Turbo and Giga for New York users. The company said that after a routine exam, these tokens no longer meet its registration standards. The trade in these assets will end on April 14 around 2 p.m. he. In addition, the exchange lists aethir (Ath) March 13.