Coinbase Custody, Bison Trails Join Proof of Stake Alliance to Push for Clearer Crypto Regulations – CoinDesk

Coinbase Custody and Bison Trails have joined the Proof of Stake Alliance (POSA), a lobbying organization hoping to push regulators to clarify the legal treatment of staking services. Announced Thursday, the lobbying group said having the two companies on board adds weight to its mission of advancing the proof-of-stake (POS) industry. Other members of the […]

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Coinbase Patents Automated KYC Enforcement Tool – CoinDesk

Cryptocurrency exchange Coinbase has patented a self-learning compliance enforcer that shutters “bad” user accounts. The U.S Patent and Trademark Office-issued patent, published on Nov. 19, describes an automated system and accompanying scoring mechanism that together root out non-compliant user accounts – specifically ones suspected of trafficking in illegal activity.  It assigns an overall compliance score […]

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