- Coinbase (NASDAQ:COIN) International Exchange is based outside of the U.S.
- Institutional clients can trade perpetual futures contracts with up to 5x leverage.
- Coinbase made comments on why it has decided to launch a new exchange offshore.
The regulatory environment for crypto companies in the U.S. has become so restrictive that Coinbase has decided to launch its new derivatives exchange offshore.
Coinbase Launches New International Exchange
Coinbase, the largest crypto exchange in the U.S., announced on Tuesday that itâs launching a new derivatives exchange called Coinbase International Exchange.
The new exchange is based in Bermuda, where Coinbase was recently granted a regulatory license from the...