Coinbase Secures New York License, Adds Four Tokens to Trading Platform

Coindoo
09 Jul

Coinbase has taken a significant step forward in its New York operations, adding four new cryptocurrencies to its platform after securing a Virtual Currency Business license from the New York State Department of Financial Services (NYDFS).

The move signals Coinbase’s growing regulatory traction in one of the most tightly governed crypto markets in the U.S.

The newly listed assets—Subsquid (SQD), Celestia (TIA), XYO (XYO), and Bittensor (TAO)—are now accessible to New York users via the Coinbase app and web platform. While availability may not appear immediately for all users, Coinbase has advised refreshing the app to activate trading.

This listing expansion highlights Coinbase’s effort to push deeper into jurisdictions with strict crypto oversight, aiming to provide broader market access despite regulatory headwinds. The move follows an earlier rollout of Subsquid to other regions and now extends availability to the New York market, reflecting rising global interest in the project.

Although the broader crypto market was trending downward at the time of the launch, the new listings offer fresh exposure for the tokens and a signal that Coinbase remains committed to expanding access—even in challenging environments.

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