Release: 2024/11/28 01:50 Reading: 965
Coinbase Expands Pepe Trading to New York Residents
Coinbase has announced that it has made Pepe (PEPE) available for trading to residents of New York. Effective immediately, New York users can engage in the buying, selling, sending, and storage of PEPE directly through the Coinbase platform, accessible via its website and mobile applications.
This development follows Coinbase's acquisition of a license from the New York State Department of Financial Services, permitting it to conduct Virtual Currency Business Activity within the state. This approval expands access to PEPE for New York residents, who previously faced restrictions on trading certain cryptocurrencies.
Just a few weeks after Coinbase's initial listing of PEPE on November 13, 2024, the token has experienced significant growth. Upon the listing, its value surged by nearly 30%, reaching $0.0000181. Alongside PEPE, popular memecoins Dogecoin and Shiba Inu were also listed.
As of this writing, Pepe is trading at $0.00001943, marking a 7% increase in the past 24 hours. Its market capitalization has also grown by 6% to $8 billion.
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