LATEST: Coinbase Unleashes Worldwide Crypto Trading Expansion

Coinbase Global Inc. (NASDAQ: COIN) is set to revolutionize its global presence by launching spot cryptocurrency trading for international users. This strategic expansion, beginning December 14, targets institutional investors and allows trading of major cryptocurrencies like Bitcoin and Ethereum against the USDC stablecoin. This move is a response to regulatory uncertainties in the U.S. and marks a significant shift from the company’s focus on derivatives. Amidst a recovering crypto market and anticipation of U.S. approval for Bitcoin ETFs, Coinbase’s stock has seen a remarkable surge, reflecting investor confidence and market optimism.

24.9K Reads