Coinbase Plans to Offer Crypto Derivatives in Europe

Coinbase plans to purchase a Cyprus-based company to offer cryptocurrency-linked derivatives in the European Union.America’s largest crypto firm announced the plans on its blog Friday (Jan. 5), saying the agreement with the unidentified company would give it access to a MiFID (Markets in Financial Instruments Directive) license. MiFID refers to the European Union’s (EU) licensing regime for investing services and activities. “This license would help expand access to our derivatives products by allowing Coin ...