Coinme, the first licensed cryptocurrency exchange in Washington State, has resumed full operations after resolving a regulatory issue with the state's Department of Financial Institutions. The company successfully provided detailed financial and operational records, leading to the lifting of a temporary cease-and-desist order. CEO Neil Bergquist emphasized the firm's commitment to adhering to cryptocurrency regulations and maintaining close collaboration with regulators. This development occurs amid ongoing regulatory discussions in the U.S. crypto sector.
Coinme Resumes Full Operations in Washington State
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