Coinbase US Government Liaison Leaves for Banking Role
John Collins, head of policy and government affairs at bitcoin wallet provider and exchange Coinbase, has announced he will depart the company in February. Collins joined the startup in October 2014 as its in-house liaison to US policymakers. At the time, Coinbase said the hiring was part of its broader effort to better inform US lawmakers on the technology. In a email obtained by CoinDesk, Collins indicated that he will move on to a role at BAFT, the international subsidiary of the American Bankers Association, to serve as vice president of international policy. Collins wrote: “It's been....
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Bitcoin services provider Coinbase has hired an in-house liaison to US policy makers who are drafting digital currency legislation. John Collins joins the San Francisco-based company as head of government affairs in Washington, DC. He previously worked as a senior advisor to the Senate Homeland Security and Government Affairs Committee, which almost a year ago held the first congressional hearing on digital currency. Today's announcement by Coinbase calls attention to the increasing need for more open and informed dialogue about bitcoin among regulators and public officials, saying: "Our....
As of May 2016, a total of 3.7 million mobile transactions were recorded since the launch nearly two years prior. Even though there has been a significant increase in mobile device usage among residents of India, mobile banking will not be coming anytime soon. The country has plans to improve financial inclusion through a new set of mobile banking services. Unfortunately for them, that project failed miserably. This leaves the door wide open for Bitcoin adoption in the country, as cryptocurrency allows anyone to be their own bank. Mobile Banking In India Is Not A Success. It has to be....
Coinbase Pro exchange registered an outflow of over 35,000 bitcoin worth more than $1 billion early Saturday.
After rumors of Coinbase not working for users located in Wyoming, Coinbase has since come out with an announcement that they will be indefinetly suspending service to users in Wyoming. This comes from an issue with The Wyoming Division of Banking in which recently communicated regulatory policy causes uncertainty for the legality of digital currency operations. Coinbase, in their post stated: “Although we strive to provide continuous access to Coinbase services, Coinbase is indefinitely suspending its business in Wyoming. The Wyoming Division of Banking has recently communicated....
Coinbase has been one of the driving forces in the growth of Bitcoin over the past two years. They have brought many major mainstream corporations into the Bitcoin fold recently, with Mozilla (Firefox), Time Magazine and The United Way among them. Now, it seems they are prepared to bring one more mainstream ingredient to consumer's digital currency world: Spying. Also read: Coinbase Seemingly Allows Mass-phishing and Leaked User Information. Coinbase: Regulation Compliant or Digital "Big Brother". Being an American corporation, located in the California's Bay Area, brings certain positives....