Coinbase Becomes a Founding Member of Square’s Crypto Patent Group

The Cryptocurrency Open Patent Alliance, or COPA, headed up by finance company Square, recently picked up Coinbase as a cornerstone participant. Square unveiled the group in September as a method of warding off patent overreach — an issue that has been known to limit technological advancement.

Coinbase senior counsel and COPA board member Brittany Cuthbert said in a public statement from the alliance on Friday:

“As the crypto economy continues to grow, we believe it is important to help empower all projects building towards an open financial system. […] We look forward to working alongside the members of COPA to create a foundational patent shield for our industry.” Read more…..

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