Coinbase Gets Greenlight to Operate Its Crypto Exchange in the Netherlands

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Fintechnews Switzerland
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Coinbase has secured regulatory approval from the Dutch central bank as a crypto service provider, allowing it to offer its full suite of retail, institutional, and ecosystem products to customers in the country.

This makes Coinbase one of the first major global crypto exchanges to be approved by the De Nederlandsche Bank to operate in the country, alongside eToro and other platforms such as BitPay and Okcoin.

Coinbase currently serves customers across almost 40 European countries through dedicated hubs in Ireland, the UK, and Germany.

The company also announced in August that it has partnered with BlackRock to give BlackRock’s institutional clients direct access to cryptocurrency trading capabilities.

“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,”

said Nana Murugesan, Vice President, International and Business Development at Coinbase.

About Fintechnews Switzerland

Fintech News Switzerland provides a source of timely, deep insights and the latest local and global news about Fintech. Launched in 2014, the Fintech News Network team works very hard to deliver fintech-centric content in various forms to an audience looking for updates on fintech events and webinars, stunning opinions from highly-reputable digital finance innovators, analysis on fintech applications from active insiders, breaking news on fintech topics and fintech market alerts.

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