Business

Coinbase Achieves Milestone with VASP Registration in the UK, Paving the Way for Expansion

Coinbase's Strategic Move in the UK

Coinbase Global Inc. has announced a significant achievement by securing the Virtual Asset Service Provider (VASP) registration from the Financial Conduct Authority (FCA) in the United Kingdom. This milestone not only establishes Coinbase as the largest registered digital asset entity in London but also enables the company to enhance its offerings to UK users.

Expanding Services and Strengthening Position

With this registration, Coinbase is set to offer an improved suite of products and services tailored for retail and institutional clients, as well as for the broader ecosystem. This strategic move is a key component of Coinbase's ambitious plan to expand its footprint in the UK and beyond.

Commitment to Regulatory Collaboration

Coinbase has expressed its commitment to working closely with regulators worldwide to promote economic freedom and ensure a secure and compliant environment for digital asset transactions. This approach underscores the company's dedication to fostering trust and stability in the digital currency space.