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Coinbase announced that Coinbase Advisors, LLC is registered as a Commodity Trading Advisor with the National Futures Association and as a Registered Investment Advisor with the Securities and Exchange Commission.
Coinbase has stated that its subsidiary, Coinbase Advisors, LLC, is registered as a Commodity Trading Advisor (CTA) with the National Futures Association and as a Registered Investment Advisor (RIA) with the Securities and Exchange Commission. The announcement notes that these registrations have been completed, but clarifies that registration itself does not imply a particular level of skill or endorsement by the authorities.
No further details regarding the services or scope of Coinbase Advisors were provided in the post.
Coinbase is a cryptocurrency exchange that serves users in over 100 countries, offering a wide selection of digital assets including Bitcoin, Ethereum, Litecoin, Ripple, and BitcoinCash. The platform provides both web and mobile access, offline storage of assets, a free e-wallet, a virtual card, and educational programs that enable users to learn about crypto trading. For more details about its features and service offerings, visit the broker profile on Traders Union.
For more context, you can read the previous Coinbase update on Traders Union, which detailed how the platform’s product availability depends on the client’s jurisdiction and is managed by different regulated entities. See the previous Coinbase update on Traders Union for further information.