Cryptocurrency exchange platform Coinbase announced on Wednesday night that New York residents now have access to two cryptocurrencies previously launched for other jurisdictions a few months ago.
On its Twitter account, Coinbase said that customers residing in the state of New York can now hold, buy, sell, send and receive Stellar lumens (XLM) and Chainlink’s LINK tokens.
These cryptocurrencies are already available both on the Coinbase website and in the iOS and Android apps in the state.
It is important to note that both cryptocurrencies had already been previously launched in most jurisdictions on Coinbase (XLM in March, and LINK in June). However, the launch in New York had delays due to high regulatory hurdles in the state.
About LINK And Stellar
Based on Ethereum, LINK is a token used to power Chainlink’s decentralized network. Chainlink is an API bridging service that connects smart contract platforms to oracles that contain real market data and event information.
On the other hand, Stellar is designed as a payment system based on cryptocurrencies, through the use of its XLM token. It is worth recalling that this project partnered with IBM in its World Wire payments network, announced in 2018.