Coinbase seeking aggressive European expansion amid crypto winter
— Ireland, Cryptocurrency market slump, Various countries, 2 trillion, Europe amid, Vice president nana murugesan revealed intentions, Cash shortages, Already licensed, Expand, Ftx — 1 min read
U.S.-based cryptocurrency exchange is looking to register in Italy, Spain, France and the Netherlands. The firm is already licensed to trade cryptocurrencies in the United Kingdom, Ireland and Germany. Despite laying off employees and rescinding job offers, the firm is open to acquisitions in the region. The crypto market crash has wiped out almost $2 trillion from the overall market value, owing to liquidity crisis. Binance, FTX, and Crypto.com are also gaining popularity in other areas of the world, with Binance and FTX getting licenses in the Middle East, France, Italy and the Philippines. Cointelegraph reached out to the firm for comment but has not received a reply as of press time on the matter of comment. Source