Coinbase, the US-based cryptocurrency exchange, has announced its plan to expand its services internationally by launching Coinbase International Exchange (CIE).
Coinbase, the US-based cryptocurrency exchange, has announced its plan to expand its services internationally by launching Coinbase International Exchange (CIE), a cryptocurrency derivatives platform targeting institutional investors. The derivatives platform will allow approved foreign users access to Coinbase’s perpetual futures market for digital assets and other products.
It’s official! Coinbase International Exchange is here. Institutional traders in eligible non-US jurisdictions now have access to trade perpetual futures settled in USDC with up to 5x leverage.
— Coinbase International Exchange(@CoinbaseIntExch) May 2, 2023
The exchange platform believes the present period is ideal for creating such an exchange since numerous economies are implementing regulatory frameworks to transform into crypto centers.
For people who are worried about regulation stifling crypto expansion and innovation: this is a good step in the crypto landscape. Crypto is the future and it is taking off, with or without certain countries who choose to over-regulate against crypto. https://t.co/HtGQBvrMVm
— Tyler Winklevoss (@tyler) May 2, 2023
#Coinbase is going international because @GaryGensler is either a fool, or someone with an agenda. https://t.co/YGQrqDpkDb— Jesse Dow (@JesseLeeDow1) May 2, 2023
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