Coinbase, one of the largest cryptocurrency exchanges in the U.S., is accelerating its international expansion as it faces increasing regulatory uncertainty at home.
The company has announced plans to open new offices and launch localized versions of its platform in Europe, Latin America, and Asia.
This move comes as the U.S. regulatory environment for cryptocurrencies remains ambiguous, with ongoing legal battles and unclear guidelines from the SEC.
By expanding globally, Coinbase aims to diversify its revenue streams and tap into growing markets where crypto regulation is more favorable. The company is also exploring new product offerings such as crypto derivatives and decentralized finance (DeFi) services to further solidify its position as a global leader in the industry.
