Crypto exchange Coinbase looks to expand its European presence


 In this March 4, 2022 illustration, a representation of cryptocurrencies can be seen in front of the Coinbase logo. REUTERS/Dado Ruvic/Illustration/File photo.


July 1 — Crypto exchange Coinbase Global Inc (COIN.O) said on Friday that it plans to expand into some European markets even as the digital asset market continues to slump.


The company is expanding in France, Italy, Spain and the Netherlands, the company said in a blog post, adding that it aims to launch its retail, institutional and developer offerings in all of those markets. (https://bit.ly/3ugNHoa).


In June, Coinbase cut 1,100 jobs, or nearly 18% of its workforce.


💌 Resources and References:

Reuters

Cryptocurrency exchange Coinbase wants to expand its operations in Europe.


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