Coinbase Officially Enters the Netherlands
One of the largest American crypto exchanges Coinbase conquers the European market. It was registered with the Central Bank of the Netherlands, becoming the first global company to provide crypto products and services to local investors.
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On September 22, Coinbase announced that it had received registration from De Nederlandsche Bank. Having an official operating permit allows the Dutch market to offer a full range of ecosystem, retail and institutional solutions.
Source: blog.coinbase.com
The company fully shares the existence of a clear regulatory framework for the crypto sector. Coinbase is confident that the legislative norms promote the growth of digital assets, the formation of a favorable environment for the development of innovations and trust between regulators and customers.
The key goal of the exchange is to take a leading position in the global ranking of cryptocurrency organizations in terms of security and reliability. To do this, the company actively cooperates with governments, regulators, politicians and representatives of the public of different countries.
Coinbase Vice President of International and Business Development Nana Murugesan said, “Coinbase prides itself on being a compliance-driven business. The Netherlands is an important international market for crypto and I am thrilled that Coinbase will be able to represent the potential of the crypto economy in this market.”
Nana Murugesan, Vice President of International and Business Development at Coinbase, said, “Coinbase prides itself on being a compliance-led business. The Netherlands is a critical international market for crypto, and I am really excited for Coinbase to bring the potential of the crypto economy to the market here.”
Currently, the crypto exchange provides services to European investors through specialized centers – British, Irish and German. The company is also subject to registration and licensing procedures in a number of other states, subject to local legislation.
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