Coinbase Retains Government Insider

The New York Times reports that Coinbase has hired former adviser to the US Senate Homeland Security and Government Affairs Committee John Collins. Coinbase is a California based business that "hosts" wallets on the behalf of users while also serving as a payment processor and online retail counter for exchanging between Bitcoin and United States dollars in a time insensitive manner. Among users Coinbase is notable for its inquiries into user activities and blocking gambling related transactions without regard for their actual legality in the user's jurisdiction.

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