1 year ago
Cryptocurrency speech Coinbase (COIN) acceptable retired plans for an planetary enlargement focusing connected acquiring licenses successful large fiscal jurisdictions "that are enacting wide rules" for the crypto industry, with the European Union, U.K., Canada, Brazil, Singapore and Australia arsenic near-term priorities.
CEO Brian Armstrong said successful April that "everything was connected the table" for the Nasdaq-listed company, including relocating from its U.S. location owed to the deficiency of regulatory clarity successful the country. In August helium clarified that leaving the U.S. is "not adjacent successful the realm of possibility" for present astatine least.
In a Wednesday blog post, the institution said it is "in the last stages of selecting the location" for its EU hub, saying it wishes to "leverage our being the astir trusted marque successful the crypto abstraction up of the European elections successful June 2024."
The speech besides plans to grow its derivatives offering to caller markets and found partnerships with banks and outgo providers.
Edited by Sheldon Reback.
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