Coinbase, which announced earlier this week it had launched the first regulated Bitcoin exchange in several states and territories of America, including California and New York, seems to be lacking regulatory approval from both states, according to local regulators.
Department of Business Oversight (DBO) commissioner Jan Lynn Owen, issued a "consumer alert" on Coinbase’s licensing status in California, where she made clarifications on what she qualifies as "erroneous reports."
The document reads: "Numerous press accounts about […]
