Crypto exchange Coinbase looks to expand footprint in Europe

A illustration of the cryptocurrency is seen in entrance of Coinbase emblem on this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photograph

July 1 (Reuters) – Cryptocurrency alternate Coinbase World Inc (COIN.O) stated on Friday it was trying to develop in some European markets, even because the digital asset market continues to expertise a downturn.

The corporate is within the means of increasing in France, Italy, Spain and the Netherlands, it stated in a weblog put up, including that it was aiming to launch its retail, institutional and developer merchandise in all these markets. (https://bit.ly/3ugNHoa)

In June, Coinbase slashed 1,100 jobs, constituting almost 18% of its workforce. learn extra

Reporting by Niket Nishant in Bengaluru; Modifying by Shailesh Kuber

: .