Coinbase seeking aggressive European expansion amid crypto winter

Coinbase seeking aggressive European expansion amid crypto winter

Coinbase is already licensed to trade cryptocurrencies in the United Kingdom, Ireland and Germany. Coinbase is expanding its operations into various countries in Europe amid a "crypto winter." Despite laying off numerous employees and rescinding job offers, Coinbase's vice president Nana Murugesan revealed intentions to register in Italy, Spain, France and the Netherlands.In Switzerland, the United States-based cryptocurrency exchange has already hired its first employees, and it is already licensed to trade cryptocurrencies in the United Kingdom, Ireland and Germany.In an interview on....


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Coinbase Reveals European Expansion Plan — Seeks Licenses in Spain, Italy, Fr...

Cryptocurrency exchange Coinbase has revealed its plan to expand in several European markets. The company is reportedly in the process of registering a crypto exchange in Spain, France, Italy, and the Netherlands. Coinbase Expanding in Europe Coinbase Global Inc. (Nasdaq: COIN) is reportedly planning to expand operations in Europe, Bloomberg reported Wednesday, citing an interview with Nana Murugesan, Coinbase’s vice president of International and Business Development. Noting that Coinbase is focused on growing its presence in Europe, the executive revealed....

Coinbase enters the Netherlands with central bank approval

U.S.-based crypto exchange Coinbase is approved by De Nederlandsche Bank, the central bank of the Netherlands. The United States-based cryptocurrency exchange Coinbase continues its aggressive expansion in Europe, with the latest regulatory approval coming from the land of tulips.Coinbase officially announced on Thursday that it had received registration from De Nederlandsche Bank (DNB), the central bank of the Netherlands. The regulatory approval allows Coinbase to offer its retail and institutional crypto products in the Netherlands.According to the official DNB records, Coinbase is one....

Coinbase secures crypto asset service provider approval in Italy

Coinbase started providing its cryptocurrency services in Italy a while ago, offering Coinbase card services in the country as of June 2019. The United States-based cryptocurrency exchange Coinbase continues aggressive European expansion by securing approval to offer crypto services in Italy.Coinbase announced on July 18 that it has obtained the Crypto Asset Service Provider approval from the Italian Anti Money Laundering regulator, Organismo Agenti e Mediatori (OAM).According to a post by Nana Murugesan, Coinbase’s vice president of international and business development, the approval....

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Binance CEO plans to leverage crypto winter

The boss of the world's largest crypto exchange said we've been through this before as a community. Binance CEO, Changpeng Zhao, commonly known as “CZ,” said in a recent interview that a potential crypto winter is good for business.When asked how Binance will fare during the current crypto winter following reports of recruitment freezes at Gemini and Coinbase, he answered confidently. “It’s not the first time we’ve gone through a crypto winter. If we are in a crypto winter, it would be my third and Binance's second. So it's not the first time we’ve been through this.”Some climbing ahead.....