Coinbase Gains License to Offer Crypto Services in France
• Coinbase received registration as a Virtual Asset Services Provider in France, allowing it to offer a range of crypto products and services.
• The registration with France's Financial Markets Authority comes as the country seeks to attract crypto businesses.
• Coinbase is the 3rd largest crypto exchange globally, behind only Binance and Bybit, which are also registered in France.
• Registration enables Coinbase to offer crypto custody, trading, and buying/selling digital assets for fiat currency.
• Coinbase already has EU licenses in Ireland and Spain and plans to make Ireland its EU hub, as France and the EU provide regulatory clarity.