Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC
Publishing timestamp: 2023-12-21 10:58:32
Summary
French regulators have given Coinbase approval to operate digital currency services in France, allowing the company to expand its services in another key European market. This move comes as Coinbase faces a more uncertain regulatory environment in the United States. France has been positioning itself as a leader in technology and has committed billions of euros in subsidies and state funding to make the country a global tech hub. Despite recent bankruptcies and collapses in the cryptocurrency market, crypto adoption in France is increasing.
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Keywords: venture capital, internet, breaking news: markets, business news, cryptocurrency, fintech, technology, breaking news: technology, markets, coinbase global inc,