Coinbase Expands Government Partnerships, Delists Tokens for New York Users

Summary: Coinbase is now collaborating with 145 U.S. government agencies and 29 international ones as crypto regulations evolve. The exchange, which safeguards nearly 12% of global crypto assets, plans to expand its workforce by 2025 due to growing institutional demand. Meanwhile, it has delisted FLOKI, TURBO, and GIGA for New York users following a routine review, with trading set to end on April 14. The company remains a key player in institutional and governmental crypto adoption, with strong compliance credentials enabling it to operate across all U.S. states.

Coinbase is strengthening its ties with government agencies, now working with 145 in the U.S. and 29 internationally amid a changing regulatory environment. The exchange has established itself as a major custodian, securing nearly 12% of the world’s crypto assets and serving financial institutions offering spot crypto ETFs.

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CEO Brian Armstrong has signaled plans to hire 1,000 new employees by 2025, citing clearer regulations. After attending a White House crypto summit, he expressed confidence in increasing U.S. investments.

On March 13, Coinbase announced it would delist FLOKI, TURBO, and GIGA for New York users after a review found they no longer met listing standards. Trading will cease on April 14 at 2 PM ET.

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Coinbase remains a trusted partner for institutions and governments, helping them securely trade, store, and use crypto. The company holds key U.S. regulatory licenses, ensuring compliance in all states.

Sahil Poudel

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