Coinbase Fixing Problem That Halted Payments From US Banks

(Bloomberg) — Crypto exchange Coinbase Global Inc. is fixing an issue that prevented the company from processing transactions with US bank accounts.

(Bloomberg) — Crypto exchange Coinbase Global Inc. is fixing an issue that prevented the company from processing transactions with US bank accounts.

“We are currently unable to take payments or make withdrawals involving US bank accounts. Our team is aware of this issue and is working on getting everything back to normal as soon as possible,” it said in a statement.

More than an hour later, the company said the issue has been identified and a fix is being implemented.

Account holders can still use a debit card or PayPal account to make direct purchases, it added.

(Updates with latest statement from company.)

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