Coinbase Racks Up SEC, California Business Oversight Complaints Alleging Lost Funds, Nonchalant Customer Service – Report

Investing, News, Regulation | June 20, 2018 By:

Coinbase has a history of not responding to customer complaints in a timely manner and often “disappeared” funds from accounts, according to a new report by website Mashable.

In a scathing article based on complaints filed to the SEC and the California Department of Business Oversight and obtained by Mashable through the Freedom of Information Act,

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Coinbase Rolls Out Crypto Storage Service For Financial Institutions

Announcements, News | May 15, 2018 By:

Cryptocurrency exchange Coinbase is formally launching Coinbase Custody, a crypto storage service directed specifically at large financial institutions.

Coinbase Custody, first announced last year, is a partnership with ETC, a SEC-regulated broker-dealer, that will store cryptocurrency for its clients. It provides extra security measures and complies with a series of regulations required by banks and investment companies.

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