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Coinbase prefers countries with regulatory clarity for expanding its operations outside the United States.
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The U.S. regulator filed a lawsuit against the biggest crypto exchange in the country, showing the vulnerability of crypto in the region.
The leading cryptocurrency exchange in the United States, Coinbase Global, is seeking new grounds for operations other than the native country. The minimum requirement of Coinbase is to get a region with clear cryptocurrency regulations. Its quest ends with the EU, United Kingdom, Canada, Brazil, Singapore, and Australia-like countries.
Vice presidents for International business and internal policy at Coinbase, Nana Murugesan, and Tom Duff Gordon noted the aforementioned countries in the blog post on September 6, 2023. The blog noted the countries preferable to act as potential markets in the “near-term.”
The expansion of the crypto exchange came in the wake of its prior commitment to take the operatio
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