2023-03-19
Coinbase trading site is reportedly planning to build a crypto trading platform outside the United States where its current headquarters are located.
According to Bloomberg, on March 17, Coinbase discussed building a platform outside the United States with some institutional clients, with reports of the move coming amid U.S. lawmakers and regulators. A lot of them are being aimed at crypto companies.
U.S. regulators, including the Securities and Exchange Commission, have cracked down on some crypto companies in recent months, including Kraken for Staking services in the U.S., and Coinbase issued a notice to users in March that its staking program will continue despite the crackdown.
Ref: Coinbase on Twitter
Ref: Take Action: Learn how your voice can impact pro-crypto policy (actnow.io)
Photo credit: Link
