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What is the legality of using Coinbase in New York?

avatarAleksander EspinosaNov 26, 2021 · 3 years ago3 answers

Can I legally use Coinbase in New York? Are there any restrictions or regulations that I need to be aware of?

What is the legality of using Coinbase in New York?
Coinbase
Legality
New York

3 answers

  • avatarNov 26, 2021 · 3 years ago
    Yes, you can legally use Coinbase in New York. Coinbase is a regulated cryptocurrency exchange that complies with the necessary legal requirements in the United States. As long as you meet the eligibility criteria and follow the platform's terms of service, you can use Coinbase without any legal issues.
  • avatarNov 26, 2021 · 3 years ago
    Using Coinbase in New York is completely legal. The exchange is licensed and regulated by the New York State Department of Financial Services (NYDFS). They have implemented strict security measures and adhere to the necessary compliance standards to ensure a safe and legal trading environment for their users.
  • avatarNov 26, 2021 · 3 years ago
    Coinbase is a popular and reputable cryptocurrency exchange that is legal to use in New York. It is regulated by the NYDFS and has obtained the necessary licenses to operate in the state. As a user, you can enjoy the convenience and security offered by Coinbase while complying with the applicable laws and regulations.

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