Just a day after disclosing its possible relocation, Coinbase, one of the largest United States crypto exchanges announced its latest achievement…
Highlights
- Just a day after disclosing its possible relocation, the largest US-based crypto exchange in the US announced its latest achievement of acquiring a Class F license from the Bermuda Monetary Authority.
- The license grants permission for the company to function as a digital asset exchange, as well as a provider of digital asset derivatives.
- Following the obtained license, Coinbase is said to be launching an offshore derivatives exchange platform as soon as next week.
- The offshore exchange will allow for the trading of perpetual swaps tied to cryptocurrencies.
- This raised speculation among the crypto community on how the crypto exchange is planning to cope with the current crypto regulatory scrutiny in US aside from relocating in the region.
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