© Reuters
SAN FRANCISCO – Coinbase (NASDAQ:), a leading cryptocurrency exchange, announced its registration with the Autorité des Marchés Financiers (AMF) in France as a Virtual Asset Service Provider (VASP) . This strategic move allows Coinbase to expand its services to retail and institutional clients in the region.
The registration marks an important milestone in Coinbase’s efforts to expand its global footprint, with a particular focus on establishing regulated operations in key markets. This development is timely as it aligns with the increasingly crypto-friendly European regulatory environment, which is poised to grow further with the imminent introduction of the Markets in Crypto Assets (MiCA) framework.
Coinbase’s commitment to complying with local regulations is evident in its proactive approach to compliance. By obtaining this registration, Coinbase is not only gaining a foothold in the French market, but also strengthening its presence in Europe. The company is already operating in Ireland and is actively preparing for MiCA regulation, demonstrating its commitment to providing regulated cryptocurrency services across the continent.
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