Coinbase, one of the largest cryptocurrency exchanges in the world, has launched Coinbase International Exchange, a new platform designed to serve global customers.
This move comes as Coinbase faces increasing regulatory scrutiny in the United States, with the SEC investigating the exchange for potential violations related to securities trading.
The International Exchange will offer a wide range of trading pairs, including spot trading and derivatives, and will cater to users outside the U.S. who seek more diverse trading options.
Coinbase aims to expand its global footprint and reduce its dependence on the U.S. market, where regulatory uncertainty continues to pose challenges for crypto businesses.