Coinbase Tries to Contain Pressure That Could Disrupt Its Business

Published by
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…

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