Coinbase seeking aggressive European expansion amid crypto winter

Cointelegraph

Published Jun 30, 2022 06:16AM ET

Updated Jun 30, 2022 08:00AM ET

Coinbase (NASDAQ:COIN) is expanding its operations into various countries in Europe amid a "crypto winter." Despite laying off numerous employees and rescinding job offers, Coinbase's vice president Nana Murugesan revealed intentions to register in Italy, Spain, France and the Netherlands.

In Switzerland, the United States-based cryptocurrency exchange has already hired its first employees, and it is already licensed to trade cryptocurrencies in the United Kingdom, Ireland and Germany.

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