Claim: Coinbase Wants to Expand Across the Ocean

According to the news of Bloomberg, the leading finance-economy publication, the US-based cryptocurrency stock market coinbase wants to establish a new trading platform in the other part of the ocean.

The three, who have not been named, stated that Coinbase is in intense communication with institutional investment companies and market makers for this move. The giant exchange has yet to determine in which country its new overseas headquarters will be located, according to the source.

Speaking to Bloomberg after this news reflected in the press, Coinbase spokesperson refused to make a specific comment, but implicitly emphasized that they are open to globalization:

“The adoption of cryptocurrencies is increasing on a global scale. We are also interested in different continents to maintain our market share. We are in contact with regulators in the target regions to avoid a regulatory problem.”

US Plays Hard Against Crypto

in November of 2022 FTX After the stock market went bankrupt, American authorities began to attack the crypto industry. As of the beginning of the year, investigations around stablecoin issuer Paxos and Binance are confusing other startups.

Last week, crypto-linked Silvergate and Signature Bank were shut down.

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