US giant Coinbase is exploring opportunities to enter the European market; here’s why it once considered purchasing an EU branch of the bankrupt FTX exchange
and Gemini have set up exchanges in Asia to tap the local markets. At the end of the summer, Coinbase also got a green light for offering cryptocurrency futures trading to US-based clients. They are planning to launch them within next few weeks, per Fortune’s sources.
Coinbase showed interest in a potential purchase of the platform in late 2022, immediately after FTX crashed. However, it no longer intends to get that deal done. Apart from Coinbase, among the candidates to buy FTX Europe was also major exchange Crypto.com.
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