U.S. crypto exchange Coinbase secures Bermuda licence

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U.S. crypto exchange Coinbase secures Bermuda licence
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Major U.S. crypto exchange Coinbase Global Inc has said it has secured a licence to operate in Bermuda, as part of a wider push to expand globally.

A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photohas said it has secured a licence to operate in Bermuda, as part of a wider push to expand globally.unless the U.S. and UK create "clarity about regulation" for crypto.

The exchange is also in discussion with financial regulators in Abu Dhabi about a potential licence, the blog said. Asked about the Fortune report, a spokesperson for Coinbase told Reuters on Thursday the company had "nothing to announce today regarding our future plans to offer services through this license."

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