crypto, regulatory, regulation,

Coinbase are considering moving their HQ to the UK

Apr 19, 2023 · 1 min read · 197 points
Coinbase are considering moving their HQ to the UK
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CEO Brian Armstrong says lack of regulatory clarity in US could ultimately see exchange relocate to its second-largest market

Highlights

  • CEO Brian Armstrong says ‘anything is on the table’ in UK due to lack of regulatory clarity in US market.
  • UK Economic Secretary Andrew Griffith says UK could have digital asset regulation within 12 months.
  • Kraken secured a virtual asset service provider licence from the Central Bank of Ireland to operate in the country.
  • Former US President Donald Trump has launched a second round of NFT trading cards after making $3.76 million from the first drop.
  • Also priced at $99 and featuring Trump’s likeness, they generated more than $100,000 in the first 24 hours – but caused the floor price of the first collection to drop more than 60%.

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