Posted 12/13/2023, 5:03:45 PM
Coinbase Launches International Spot Crypto Trading for Institutions
- Coinbase International Exchange launching spot crypto trading for institutional investors outside US starting Dec. 14, initially for Bitcoin and Ether against USD Coin
- Comes after launch of perpetual futures trading for institutions on the international exchange in May 2022
- Part of effort to address needs of global user base amid regulatory uncertainty in the US crypto market
- Other US exchanges like Binance and Kraken face similar regulatory enforcement actions
- Expansion to include retail investors, more tokens, and new trading strategies in the future