Coinbase Secures New York License, Adds Four Tokens to Trading Platform
Coinbase has taken a significant step forward in its New York operations, adding four new cryptocurrencies to its platform after securing a Virtual Currency Business license from the New York State Department of Financial Services (NYDFS).
The move signals Coinbase’s growing regulatory traction in one of the most tightly governed crypto markets in the U.S.
The newly listed assets—Subsquid (SQD), Celestia (TIA), XYO (XYO), and Bittensor (TAO)—are now accessible to New York users via the Coinbase app and web platform. While availability may not appear immediately for all users, Coinbase has advised refreshing the app to activate trading.
This listing expansion highlights Coinbase’s effort to push deeper into jurisdictions with strict crypto oversight, aiming to provide broader market access despite regulatory headwinds. The move follows an earlier rollout of Subsquid to other regions and now extends availability to the New York market, reflecting rising global interest in the project.
Although the broader crypto market was trending downward at the time of the launch, the new listings offer fresh exposure for the tokens and a signal that Coinbase remains committed to expanding access—even in challenging environments.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
