(Reuters) – Coinbase reported a rise in second-quarter revenue as trading volumes at the cryptocurrency exchange rebounded, thanks to market enthusiasm over easing regulatory hurdles.
The company’s net income for the three months ended June 30 was $1.38 billion, compared with $662.5 million a year earlier.
(Reporting by Manya Saini in Bengaluru; Editing by Devika Syamnath)