Seeking Alpha 2022-09-22 15:55:19

Coinbase wins regulatory approval to offer crypto products in the Netherlands

Cryptocurrency exchange Coinbase Global (NASDAQ:COIN) has secured regulatory approval from the Netherlands' central bank to offer crypto-related products to customers in the country, it said in a blog post Thursday. It's the first global crypto exchange to receive registration approval from the Dutch central bank, the company said, thus making it the first of its kind to enter the northwestern European country. "The Netherlands is a critical international market for crypto," said Nana Murugesan, vice president, International and Business Development at Coinbase. COIN said more registrations are in the works in a number of major markets as it seeks to expand its global footprint while staying compliant with regulations. In July, Coinbase gained approval from Italian regulator as part of its European expansion.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.
Helpful Resources: | | |