Coinbase News: Coinbase, the leading cryptocurrency exchange based in the United States, has launched a derivatives exchange in Bermuda as part of an international development strategy. This move comes at a time when Coinbase is facing a number of regulatory difficulties at home in the United States.
Coinbase Launches International Exchange
According to the latest announcement by Coinbase, the platform will be known as the Coinbase International Exchange and will provide a robust trading experience with the help of a number of external market makers who are keen to provide liquidity. Additionally, it will have a liquidation framework that meets stringent compliance standards as well.
Read More: U.S. Investors Abandoning Crypto Exchanges, But Where Are They Going?
The move marks Coinbase’s latest step into derivative trading, which is one of the most popular sectors of the global cryptocurrency market, although being essentially barred from operating in the United States — as it r
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