US Marshals Service Chooses Coinbase for Asset Custody
US Marshals Service Selects Coinbase for Asset Custody
The US Marshals Service has awarded Coinbase a contract worth $32.5 million to custody its assets. This move is significant as it demonstrates a growing trend of government entities turning to cryptocurrency exchanges for asset management. The partnership between the US Marshals Service and Coinbase is expected to enhance security and transparency in managing government assets.
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