The Department of Financial Services [DFS] of the United States announced on October 23 that Coinbase, a leading cryptocurrency exchange, has received approval from the state department to act as a cryptocurrency custody.
Bitcoin [BTC], Bitcoin Cash [BCH], Ethereum [ETH], XRP, Ethereum Classic [ETC] and Litecoin [LTC] are the six cryptocurrencies that will come under the ambit of the Coinbase Custody Trust Company program.
The development was revealed by Maria T Vullo, the Financial Services Superintendent, who stated:
https://ambcrypto.com/bitcoin-btc-ethereum-eth-and-xrp-to-be-a-part-of-coinbase-custody-trust-after-dfs-approval/
