Coinbase Granted VASP License in France, Expanding Crypto Services

Coinbase Granted VASP License in France, Expanding Crypto Services

Coinbase is celebrating its expansion into France after its approval as a Virtual Asset Services Provider (VASP) by the regulatory agency.
France is emerging as a crypto hub in Europe after introducing crypto-friendly policies to attract firms.
Coinbase is ending the year with an expansion into the European market. Earlier this month, Coinbase confirmed it had received approval as a Virtual Asset Services Provider (VASP) from the French Financial Markets Authority (AMF). Coinbase will now be expanding its crypto services in the European market as it implements its global expansion strategy.
Some of the key services the American publicly traded company that operates a cryptocurrency exchange platform plans to offer include custody of digital assets, buying, selling, and trading crypto tokens. Its choice to seek approval in France comes as no surprise with the country leading in crypto adoption. A recent survey shows that 10% of French adults own crypto assets. Furthermore, 24% plan to b

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