Coinbase is licensed in Virginia as a money transmitter, but that fact needs an important qualification. Coinbase’s official licensing information identifies Coinbase, Inc. as licensed by the Virginia State Corporation Commission. The same notice says that the licence does not cover the transmission of virtual currency, including Bitcoin. See Coinbase’s licensing notice.
What does the Virginia licence mean?
The licence confirms that Coinbase, Inc. holds Virginia money-transmitter licensing. It does not establish that every Coinbase service or every virtual-currency transaction is covered by that licence. Coinbase expressly separates the money-transmitter licence from the transmission of virtual currency in its notice. Review the stated scope of the Virginia licence.
Can you use Coinbase in Virginia?
The licensing evidence supports a narrower conclusion than a blanket yes or no: Coinbase holds the stated Virginia licence, while virtual-currency transmission falls outside that licence’s stated coverage. The supplied evidence does not establish the current availability of each Coinbase product, payment method, asset or account feature in Virginia.
Before opening an account or starting a transaction, check Coinbase’s current eligibility and product information directly. Availability and licensing are separate questions, so a licence listing alone should not be treated as confirmation that a particular service is available to you.
Is Bitcoin covered by Coinbase’s Virginia money-transmitter licence?
No. Coinbase’s licensing notice says the Virginia money-transmitter licence does not cover the transmission of virtual currency, including Bitcoin. Read the official Coinbase licence disclosure.
Bottom line
Coinbase, Inc. is listed as a licensed money transmitter in Virginia. However, its own notice states that this licence does not cover virtual-currency transmission. That is the most precise answer supported by the available licensing evidence; it is not a blanket determination about every Coinbase service or transaction.
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