America’s leading cryptocurrency exchange, Coinbase, plans to expand its business in jurisdictions that are adopting clear regulations for the sector. These include markets in Europe, Asia and the Americas as opposed to the United States which, the company says, is enforcing existing rules and new regulation through courts.
Coinbase Eyes ‘Crypto-Forward Markets’ Like EU, Singapore, Brazil for Expansion
Crypto exchange Coinbase announced it’s executing the second phase of its “Go Broad, Go Deep” strategy for international expansion. The company shared details about its plans in a blog post analyzing the regulatory environment in key markets around the world.
The leading U.S. trading platform for digital assets will focus on acquiring licenses, registering, and establishing operations in jurisdictions that are enacting clear rules. “Near-term priority markets include Europe (EU and U.K.), Canada, Brazil, Singapore, and Australia,” the exchange revealed.
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