The license is part of Coinbase’s wider push to expand globally
Highlights
- U.S.
- crypto exchange says it has license to operate in Bermuda.
- The license is part of a wider push to expand globally.
- CEO Brian Armstrong said on Tuesday that crypto firms will develop in ‘offshore’ havens.
- The exchange is also in discussion with financial regulators in Abu Dhabi about a potential license, the company said.
- Regulators and law enforcement agencies have stepped up actions against crypto firms this year, following a series of industry blowups in 2022.
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