Coinbase Made A Deal With The US Secret Service

US authorities have officially confirmed the information that they will use the software developed by specialists of the Coinbase crypto exchange for monitoring transactions on the blockchain of the US Secret Service.

US Government Contract

The US Secret Service has signed an agreement with the cryptocurrency exchange Coinbase for a period of four years. Out of on this contract, government representatives will have to pay $183,750 for using Coinbase Analytics.

Data on the contract at the state portal. Source: usaspending.gov

The interest of other federal departments

Not so long ago, other federal agencies of the United States were interested in this software. Coinbase is far from the only crypto exchange that has similar software.

Coinbase Analytics Development

Recall that Coinbase Analytics is not the author’s development of the company's specialists, the creation of this software became possible only after the acquisition of Neutrino