Cryptocurrency Exchange Coinbase Secures Registration with French Markets Regulator
Cryptocurrency exchange Coinbase Global has obtained registration with the French markets regulator, AMF, as part of its global expansion strategy. This approval allows Coinbase to operate digital currency services in France and offer its full range of products and services to users in the country.
Coinbase aims to onboard more people into the crypto space while prioritizing asset security and compliance. Daniel Seifert, VP and Regional Managing Director at Coinbase, expressed excitement about achieving VASP status in France and the opportunity to continue growing globally.
In addition to France, Coinbase has been expanding its presence in Italy, Spain, and other European markets.
Hot Take: Coinbase Strengthens Global Expansion with French Approval
Coinbase’s registration with the French markets regulator marks a significant milestone in its global expansion efforts. By obtaining VASP approval, Coinbase can now provide its comprehensive range of cryptocurrency services to users in France. This move not only solidifies Coinbase’s position in Europe but also aligns with its goal of onboarding one billion people into the crypto world. With increased accessibility and a focus on security and compliance, Coinbase continues to pave the way for widespread adoption of cryptocurrencies.