Is Coinbase regulated?

When it comes to the question of whether Coinbase is regulated, it's crucial to understand the complexities of the cryptocurrency industry and the regulatory landscape surrounding it. As one of the largest and most popular cryptocurrency exchanges in the world, Coinbase operates in a highly volatile and unregulated market. However, this does not mean that Coinbase is devoid of oversight. The exchange is required to comply with various financial regulations in the jurisdictions where it operates, including Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. Additionally, Coinbase is registered with financial regulators in certain states in the US, such as the New York State Department of Financial Services. While Coinbase may not be subject to the same strict regulations as traditional financial institutions, it still operates under a certain level of oversight to ensure the safety and security of its users' funds.