Coinbase News: Partnership with 145 US Government Agencies Boosts Crypto Prospects

Coinbase, the third-largest cryptocurrency exchange globally, has announced a significant partnership with 145 US government agencies. This collaboration marks a positive development for the cryptocurrency market, hinting at a bullish future for digital assets.

Coinbase Partners With 145 US Government Agencies, Boosting Crypto Prospects

Coinbase, the third largest crypto exchange, has joined forces with 145 US government agencies. This partnership signals bullish times for new cryptocurrency. The CEX’s ultimate goal is to help more international governments trade, manage, and leverage digital assets for on-chain financial freedom. This comes as global cryptocurrency regulations undergo favorable changes, propelled by the launch of a US strategic Bitcoin reserve boosting mainstream crypto adoption. However, Coinbase recently delisted major meme coins like $FLOKI, $TURBO, and $GIGA for new New York users due to not meeting its listing standards. Nevertheless, tokens like $BTCBULL and $SOLX still have potential.

Coinbase Suspends Trading of Floki, Turbo, and Giga Memecoins in New York

Coinbase has announced the suspension of trading for the memecoins Floki (FLOKI), Turbo (TURBO), and Gigachad (GIGA) in New York starting April 14, 2025, at around 2 PM ET. The crypto exchange stated that its recent asset review indicated the need to ensure compliance with its listing standards. Trading of these assets will be suspended on Coinbase.com (Simple and Advanced Trade), Coinbase Exchange, and Coinbase Prime in New York only.