--- title: "Coinbase, Inc. · Foreign MSB (FMSB) (FINTRAC) · Canada | Elucidate" description: "Coinbase, Inc. is registered with FINTRAC for anti-money-laundering supervision as a foreign msb (fmsb) in Canada. Licence C10001547. LEI 549300QHD76EP6ZKTT48. Register status, licences, activities and ownership." url: https://elucidate.co/directory/coinbase-inc-ef8fcf0ac213 --- 1. [Directory](https://elucidate.co/directory) 2. [Canada](https://elucidate.co/directory/country/ca) 3. Coinbase, Inc. Canada · Crypto # Coinbase, Inc. Trading as COINBASE Coinbase, Inc. is a Delaware corporation and a subsidiary of Coinbase Global, Inc., which is listed on Nasdaq. US state regulators license it as a money transmitter under NMLS ID 1163082. The New York State Department of Financial Services (NYDFS) licenses its virtual currency business activity. In Canada, FINTRAC registers it as a foreign money services business dealing in crypto-assets. It offers crypto-asset trading, custody, staking and payment services to US consumers, businesses and institutions, and a Visa debit card issued by Pathward, N.A. Register status Registered for AML supervision in Canada Foreign MSB (FMSB) · FINTRAC AML registration only [3 licences and registrations ↓](https://elucidate.co/directory/coinbase-inc-ef8fcf0ac213#licences) BIC **No BIC** LEI **[549300QHD76EP6ZKTT48](https://search.gleif.org/#/record/549300QHD76EP6ZKTT48)** [Licence no. **C10001547**](https://elucidate.co/directory/coinbase-inc-ef8fcf0ac213#licences) ## Licences and registrations Held by Coinbase, Inc. (LEI 549300QHD76EP6ZKTT48). 3 entries on 2 of the 22 tracked registers, retrieved 25 September 2026. | Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [Money Services Business Registry](https://elucidate.co/directory/register/fintrac-msb) FINTRAC | Foreign MSB (FMSB)Crypto-Asset Service Provider | C10001547 | [Canada](https://elucidate.co/directory/country/ca) | Active | 2025-12-16 | Renews 2028-05-31 | - Crypto-assets | [Search the register ↗](https://fintrac-canafe.canada.ca/msb-esm/msb-eng) | | [MSB Registrant Search](https://elucidate.co/directory/register/fincen-msb) FinCEN | —Money Transmitter / Remittance | Not published by the register | [United States](https://elucidate.co/directory/country/us) | Active | 2024-11-01 | — | - Money remittance - Prepaid access | [Search the register ↗](https://www.fincen.gov/msb-registrant-search) | | [Money Services Business Registry](https://elucidate.co/directory/register/fintrac-msb) FINTRAC | Foreign MSB (FMSB)Crypto-Asset Service Provider | M21663447 | [Canada](https://elucidate.co/directory/country/ca) | Expired | 2021-02-26 | Ended 2025-06-08 | - Crypto-assets | [Search the register ↗](https://fintrac-canafe.canada.ca/msb-esm/msb-eng) | Trading names on the register: COINBASE (FINTRAC-MSB) - Each licence applies in the country of the regulator that granted it. - Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here. ## Swift network Swift’s ISO 9362 BIC directory Holds no BIC in Swift’s directory. Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file. ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-inc-ef8fcf0ac213#overview-sources) Customers Not published Employees 4,300 headcount · Group · 30 Jun 2026 · [company statement ↗](https://www.coinbase.com/about) Ownership Group subsidiary Coinbase Global, Inc. Firm type Crypto exchange or broker Trades as Coinbase - **Standing:** FINTRAC's earlier registration of the firm, number M21663447, expired on 8 June 2025. FINTRAC registered it again as a foreign money services business under number C10001547 from 16 December 2025. - **Ownership:** The firm belongs to the group of Coinbase Global, Inc., whose shares trade on Nasdaq under the ticker COIN. - **Direct parent:** Coinbase Global, Inc., United States - **Head office:** One Madison Avenue, Suites 2400 & 2500, 10010 New York, United States (registered office: 251 Little Falls Drive, Wilmington, DE 19808, United States) - **Founders:** Brian Armstrong · Fred Ehrsam ### Online - **Websites & references:** [coinbase.com ↗](https://www.coinbase.com/) [help.coinbase.com ↗](https://help.coinbase.com/) help centre [status.coinbase.com ↗](https://status.coinbase.com/) status page [investor.coinbase.com ↗](https://investor.coinbase.com/) investor relations site of parent Coinbase Global, Inc. - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/coinbase) · [X ↗](https://x.com/coinbase) · [Facebook ↗](https://www.facebook.com/Coinbase) · [Instagram ↗](https://www.instagram.com/coinbase/) · [TikTok ↗](https://www.tiktok.com/@coinbase) Sources · 15 pages consulted 1. [coinbase.com/legal](https://www.coinbase.com/legal) 2. [coinbase.com](https://www.coinbase.com/) 3. [coinbase.com/about](https://www.coinbase.com/about) 4. [help.coinbase.com/en/coinbase/trading-and-funding/coinbase-card/cb-card](https://help.coinbase.com/en/coinbase/trading-and-funding/coinbase-card/cb-card) 5. [coinbase.com/legal/crypto\_risk\_statement/canada](https://www.coinbase.com/legal/crypto_risk_statement/canada) 6. [coinbase.com/legal/user\_agreement/canada](https://www.coinbase.com/legal/user_agreement/canada) 7. [osc.ca/en/securities-law/orders-rulings-decisions/coinbase-canada-inc-and-coinbase-inc](https://www.osc.ca/en/securities-law/orders-rulings-decisions/coinbase-canada-inc-and-coinbase-inc) 8. [sec.gov/newsroom/press-releases/2025-47](https://www.sec.gov/newsroom/press-releases/2025-47) 9. [doj.state.or.us/media-home/news-media-releases/oregon-attorney-general-rayfield-sues-coinbase-for-promoti](https://www.doj.state.or.us/media-home/news-media-releases/oregon-attorney-general-rayfield-sues-coinbase-for-promoting-and-selling-high-risk-investments/) 10. [coinbase.com/blog/protecting-our-customers-standing-up-to-extortionists](https://www.coinbase.com/blog/protecting-our-customers-standing-up-to-extortionists) 11. [dfs.ny.gov/reports\_and\_publications/press\_releases/pr202301041](https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202301041) 12. [fca.org.uk/news/warnings/coinbaseie-clone-fca-authorised-firm](https://www.fca.org.uk/news/warnings/coinbaseie-clone-fca-authorised-firm) 13. [centralbank.ie/news/article/warning-notice-central-bank-of-ireland-issues-warning-on-unauthorised-firm--](https://www.centralbank.ie/news/article/warning-notice-central-bank-of-ireland-issues-warning-on-unauthorised-firm---coinbase-limited-\(clone\)-19-dec-2022) 14. [finance.yahoo.com/markets/crypto/articles/four-coinbase-executives-exit-shift-162103992.html](https://finance.yahoo.com/markets/crypto/articles/four-coinbase-executives-exit-shift-162103992.html) 15. [coinbase.com/blog/coinbase-obtains-registration-as-a-restricted-dealer-in-canada](https://www.coinbase.com/blog/coinbase-obtains-registration-as-a-restricted-dealer-in-canada) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-inc-ef8fcf0ac213#overview-sources) - **Operates under:** Its own licences US state regulators license the firm as a money transmitter under NMLS ID 1163082. The NYDFS licenses its virtual currency business activity. In Canada, affiliate Coinbase Canada Inc. holds the restricted dealer registration with Canadian securities regulators. FINTRAC registers the firm itself as a foreign money services business. | Authority | Licence or registration | Number | Held | Status | Source | | --- | --- | --- | --- | --- | --- | | Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Canada | Foreign money services business (crypto-asset service provider) | C10001547 | In its own name | Active | — | | Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) Canada | Foreign money services business (crypto-asset service provider) | M21663447 | In its own name | Withdrawn or expired | — | | Financial Crimes Enforcement Network (FinCEN) United States | Money services business registration (money transmitter, prepaid access) | — | In its own name | Active | — | | US state regulators (NMLS) United States | Money transmitter licences in 44 states, the District of Columbia and Puerto Rico | 1163082 | In its own name | Active | — | | New York State Department of Financial Services United States | Virtual Currency Business Activity Company License | 122466 | In its own name | Active | — | | Louisiana Office of Financial Institutions United States | Virtual Currency Business Activity License | 1163082 | In its own name | Active | — | Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks. ## Partners and safeguarding Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-inc-ef8fcf0ac213#overview-sources) - **Safeguarding:** Deposits at a partner bankThe firm states that customer US dollar balances sit in pooled custodial accounts at FDIC-insured banks or NCUSIF-insured credit unions, or are invested in liquid US Treasuries or money market funds under state money transmitter laws, and are not used for corporate purposes. - **Crypto-asset custody:** Held by the firmThe firm holds customers' crypto-assets in custody, with private keys kept in online and offline storage, and may use shared omnibus blockchain addresses. It states that title stays with the customer and that the assets are not subject to claims of its creditors. - **Card issuer · Deposit-holding bank:** Pathward, N.A. United States [help.coinbase.com ↗](https://help.coinbase.com/en/coinbase/trading-and-funding/coinbase-card/cb-card) - **Deposit-holding bank:** JPMorgan Chase United States [coinbase.com ↗](https://www.coinbase.com/legal) - **Deposit-holding bank:** Cross River Bank United States [coinbase.com ↗](https://www.coinbase.com/legal) - **Deposit-holding bank:** Customers Bank United States [coinbase.com ↗](https://www.coinbase.com/legal) - **Deposit-holding bank:** VyStar Credit Union United States [coinbase.com ↗](https://www.coinbase.com/legal) - **Payment schemes and card networks:** Visa Through a partner [help.coinbase.com ↗](https://help.coinbase.com/en/coinbase/trading-and-funding/coinbase-card/cb-card) ACH Access not stated Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices. ## Products and markets Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-inc-ef8fcf0ac213#overview-sources) - Crypto trading - Crypto custody - Crypto on- and off-ramp - Debit cards - Crypto payments - Stablecoin It runs hosted crypto-asset and US dollar wallets, crypto-asset trading, staking and USDC rewards for US residents. It also runs the Coinbase Card programme, Coinbase Business and institutional Prime services. Securities and futures are offered by affiliated group firms, not by this entity. It serves customers who live in the United States. Its Canadian affiliate, Coinbase Canada Inc., outsources the running of its custodial wallet infrastructure to the firm. - **Sells to:** Consumers · Small businesses · Enterprises · Financial institutions · Platforms and marketplaces - **Serves customers in 2 countries:** United States · Canada ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-inc-ef8fcf0ac213#overview-sources) - **Chief executive:** Brian Armstrong Co-Founder & Chief Executive Officer Confirmed 29 Sep 2026 · [coinbase.com ↗](https://www.coinbase.com/about) - **Chief financial officer:** Alesia Haas Chief Financial Officer Confirmed 29 Sep 2026 · [coinbase.com ↗](https://www.coinbase.com/about) - **Executive:** Emilie Choi President & Chief Operating Officer Confirmed 29 Sep 2026 · [coinbase.com ↗](https://www.coinbase.com/about) - **Executive:** Molly Abraham General Counsel and Corporate Secretary Confirmed 29 Sep 2026 · [coinbase.com ↗](https://www.coinbase.com/about) - **Founder:** Fred Ehrsam Co-Founder & Board Director Confirmed 29 Sep 2026 · [coinbase.com ↗](https://www.coinbase.com/about) ## Recent events 3 enforcement or investigation items Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-inc-ef8fcf0ac213#overview-sources) 1. Jul 2026 Leadership Paul Grewal stepped down as Chief Legal Officer of the Coinbase group on 31 July 2026. Molly Abraham became General Counsel. [finance.yahoo.com ↗](https://finance.yahoo.com/markets/crypto/articles/four-coinbase-executives-exit-shift-162103992.html) 2. May 2025 Security incident The firm disclosed that bribed overseas support agents had copied customer data. It refused a USD 20 million extortion demand. [coinbase.com ↗](https://www.coinbase.com/blog/protecting-our-customers-standing-up-to-extortionists) 3. Apr 2025 Enforcement The Oregon Attorney General sued Coinbase Global, Inc. and the firm. The suit alleges sales of unregistered securities under Oregon law. [doj.state.or.us ↗](https://www.doj.state.or.us/media-home/news-media-releases/oregon-attorney-general-rayfield-sues-coinbase-for-promoting-and-selling-high-risk-investments/) 4. Feb 2025 Enforcement The SEC filed a joint stipulation with the firm and Coinbase Global, Inc. to dismiss its civil enforcement action against them. [sec.gov ↗](https://www.sec.gov/newsroom/press-releases/2025-47) 5. Apr 2024 Licence Canadian securities regulators registered affiliate Coinbase Canada Inc. as a restricted dealer. The Ontario Securities Commission decision also names the firm. [osc.ca ↗](https://www.osc.ca/en/securities-law/orders-rulings-decisions/coinbase-canada-inc-and-coinbase-inc) Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source. ## Regulator warnings Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/coinbase-inc-ef8fcf0ac213#overview-sources) 1. 9 Feb 2024 Impersonation Financial Conduct Authority, United Kingdom The FCA warned that a clone firm, Coinbaseie, was using the details of an FCA-authorised Coinbase group firm to scam people. [fca.org.uk ↗](https://www.fca.org.uk/news/warnings/coinbaseie-clone-fca-authorised-firm) 2. 19 Dec 2022 Impersonation Central Bank of Ireland, Ireland The Central Bank of Ireland warned about an unauthorised clone firm calling itself Coinbase Limited and using the domain coinbaselimited.com. [centralbank.ie ↗](https://www.centralbank.ie/news/article/warning-notice-central-bank-of-ireland-issues-warning-on-unauthorised-firm---coinbase-limited-\(clone\)-19-dec-2022) Entries on regulators’ consumer-warning lists that name the firm or its brand. An impersonation warning is about fraudsters posing as the firm, not about the firm itself. ## Identifiers - **Licence no. · FINTRAC-MSB:** C10001547 - **Licence no. · FINTRAC-MSB:** M21663447 - **BIC:** Holds no BIC in Swift’s directory - **LEI:** [549300QHD76EP6ZKTT48 ↗](https://search.gleif.org/#/record/549300QHD76EP6ZKTT48) - **How the LEI was matched:** Matched by Elucidate to GLEIF on name, country and address - **Elucidate firm ID:** ef8fcf0ac213 - **Merged register entry:** 5b8a431f74d3 · FINCEN-MSB ## Profile - **Type:** Crypto · Money service business - **Regulation:** AML registration only - **Main licence class:** Crypto-Asset Service Provider - **Activities:** - Crypto-assets - **Licensed in:** [Canada](https://elucidate.co/directory/country/ca) · North America - **Head office:** [United States](https://elucidate.co/directory/country/us#hq-firms) - **First registered:** 2021-02-26 - **Website:** [WWW.COINBASE.COM ↗](https://www.coinbase.com/) Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. ## Ownership and group GLEIF relationship records GLEIF’s relationship records name no parent for this LEI, and no group page is published for it. ## Addresses - **Address on the register:** 251 LITTLE FALLS DRIVE, WILMINGTON, 19808 - **Country:** United States ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code. - **Identified by:** Name and postal address, with its LEI - **Postal address:** Hybrid: town, postcode and country in their own elements, the rest in one address line ```xml 549300QHD76EP6ZKTT48 COINBASE, INC. 19808 WILMINGTON US 251 LITTLE FALLS DRIVE ``` CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent. The values are as published by the register. Check them against your own records before use. ## Related institutions ### Other crypto institutions in Canada - [Bitpay Inc. No BIC Crypto Money service business AML registration only Canada · Registered with FINTRAC · M23611454 (FINTRAC-MSB) · also on FINCEN-MSB · LEI 254900IYKQ2CK7J70T91](https://elucidate.co/directory/bitpay-inc-7a693cb6c5fc) - [13148483 Canada Inc · trading as GLOBALFOREX FINANCE No BIC Crypto Money service business AML registration only Canada · Registered with FINTRAC · N300000191 (FINTRAC-MSB) · No LEI mapped](https://elucidate.co/directory/13148483-canada-inc-3639f0591604) - [13966119 Canada Inc. · trading as DIGITAL DEPOT INC. No BIC Crypto AML registration only Canada · Registered with FINTRAC · N300000845 (FINTRAC-MSB) · No LEI mapped](https://elucidate.co/directory/13966119-canada-inc-251638cec1ea) - [4542554 Nova Scotia Limited · trading as GV WIRES No BIC Crypto Money service business AML registration only Canada · Registered with FINTRAC · N300000859 (FINTRAC-MSB) · No LEI mapped](https://elucidate.co/directory/4542554-nova-scotia-limited-4e5fbd2662b6) - [4e International LTD. No BIC Crypto Money service business AML registration only Canada · Registered with FINTRAC · M24096664 (FINTRAC-MSB) · also on FINCEN-MSB · LEI 9845009EBA139Q7D7B45](https://elucidate.co/directory/4e-international-ltd-650403f22fcf) - [9456-1891 Québec Inc. · trading as COINMARKET GUICHETS AUTOMATIQUES, COINMARKET ATM No BIC Crypto AML registration only Canada · Registered with FINTRAC · N300000295 (FINTRAC-MSB) · No LEI mapped](https://elucidate.co/directory/9456-1891-quebec-inc-adcdcf09d8e2) - [9460-4402 Quebec Inc No BIC Crypto Money service business AML registration only Canada · Registered with FINTRAC · C100001001 (FINTRAC-MSB) · No LEI mapped](https://elucidate.co/directory/9460-4402-quebec-inc-acde26f02de4) - [9471-7758 Quebec Inc. No BIC Crypto AML registration only Canada · Registered with FINTRAC · N300001009 (FINTRAC-MSB) · No LEI mapped](https://elucidate.co/directory/9471-7758-quebec-inc-9f7b9771211a) [See all →](https://elucidate.co/directory/search?type=crypto&cc=CA) [Other entries on FINTRAC-MSB →](https://elucidate.co/directory/register/fintrac-msb) Sources & method Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI. An institution missing from these registers is not necessarily unregulated. Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Registers for this page - **Money Services Business Registry**—Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) · [source ↗](https://fintrac-canafe.canada.ca/msb-esm/msb-eng) as at 25 September 2026 - **MSB Registrant Search**—Financial Crimes Enforcement Network (FinCEN) · [source ↗](https://www.fincen.gov/msb-registrant-search) as at 24 September 2026 - **Overview, authorisation, partners, products, leadership and events**—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. ## Assess the financial crime risk behind a licence A licence records what an institution is authorised to do; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks and payment institutions. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.