The central bank added the most
funds to the financial system in open - market operations since February on Tuesday as
currency - market intervention to prop up the yuan
strained the supply of cash.
Even if Coinbase could manage the extraordinary capital
strain and massive exchange rate exposure inherent to this policy, it would do nothing to further our customers» paramount interest: that Coinbase absolutely secures digital
currency held on their behalf and makes their
funds available, in full, anytime they wish to spend or liquidate.