Crypto exchange coinbase $COIN has obtained a license to offer its services in Bermuda as part of its international expansion efforts. HeleneBraunn reports
“While we are excited to partner with the BMA, and to have successfully attained the Class F License in this high-bar regulatory jurisdiction, nothing to announce today regarding our future plans to offer services through this license,” a spokesperson told CoinDesk.
As part of what the exchange calls its “8-week international expansion drive,” Coinbase in its blog post took note of, among other items, doubling down on its investments in the Canadian market. The company recently hired Lucas Matheson as country director and signed a Pre-Registration Undertaking , which is considered a stepping stone on the way to becoming a registered exchange in that country.
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