Coinbase Tries to Contain Pressure That Could Disrupt Its Business
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The Street
The Street
By Luc Olinga The most popular bitcoin and crypto exchange in the U.S is under pressure to block Russian users. Coinbase (COIN) , the prominent platform for buying and selling bitcoin and other digital currencies, is discovering the flip side of popularity. After having made a sensational entry into the homes of households following its big publicity effort during the Super Bowl, the company finds itself in a delicate position with little wiggle room. The U.S., the European Union, the U.K. and their allies have imposed financial and economic sanctions on Russia, President Vladimir Putin and th…