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Oct. 7, 2020

Cryptocurrency exchange Coinbase has officially added support for balancer (BAL) and ren (REN) tokens.

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Starting from today, users can purchase, sell, send, receive, or store the tokens on Coinbase. The both tokens are available in all Coinbase-supported regions, except for New York State (and the UK for REN).

coinbase.com

BAL and REN are both ERC-20 tokens that power protocols based on the Ethereum network. Previously, Coinbase integrated instantaneous withdrawals for 40 countries in collaboration with Visa and Mastercard. The exchange users from the US, the UK and Europe can also withdraw funds directly to their Visa cards linked to their accounts, while US users can also withdraw funds to their Mastercard cards.

Meanwhile, the US-based crypto trading platform notified its clients from the UK it might share clients' data with the UK's tax authority HMRC.

Coinbase Offers Severance Package to Employees Dissatisfied With Company's Mission

The exchange has already notified some users that as part of a cooperation with HMRC, it is obliged to provide records on customers who had received over £5,000 ($6,464) for the 2019-2020 tax year.

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