What do you think about the growth of the giant and on what exchange do you trade cryptocurrencies?
The founder of this coinbase is really a visionary and coinbase is really opening the eyes of society to cryptocurrencies. I think opening of this new department is a sign that America is not against cryptocurrencies and blockchain technology and in future their are going to adopt it into their financial system. We are the time when more and more of this cryptocurrencies companies need to open more branch in other to spread more news about it.
Over the years, I have seen coinbase take their time to do everything appropriately and make sure it is done right which is one of the reasons why I have always been able to at least trust their services. Opening a department in NY, is not a bad idea, as every business will most definitely want to keep expanding and pretty much, they have a good and solid reasons for that and we all know that coinbase has been a very huge part of this space for a very long time, and seeing them grow in size is not a bad idea at all.
Someone after the OP said coinbase is acting like a bank, for heaven sake, this is a regulated exchange and every centralized exchanges are like that, so the whole acting like a bank thing is nothing new for a centralized exchange.