US-based Coinbase, a crypto exchange platform, announced on Friday (July 1, 2022) that it aims to further grow its presence in the UK and Europe.
In a blog post, the company mentions, “We have met with policymakers in the UK, established a regional Centre of Excellence in Ireland, strengthened operations in DACH with our first hire in Switzerland, and are expanding our footprint across additional European markets.”
Brief about Coinbase
Founded in 2012 by Brian Armstrong and Fred Ehrsam, Coinbase allows its users to create their own wallets and start buying or selling bitcoins by connecting with their bank accounts. It also provides a series of merchant payment processing systems and tools that support many highly-trafficked websites on the internet.
Approximately 98 million verified users, 13,000 institutions, and 230,000 ecosystem partners in over 100 countries use Coinbase to invest, spend, save, earn, and use crypto.