LATEST22d ago

Coinbase Expands Into Australia With Fresh License And Ambitious Plans

Coinbase has secured an Australian Financial Services License through its local entity, marking a first for a crypto exchange in the region.

The approval allows Coinbase Australia to offer retail derivatives trading, including crypto and equity perpetuals.

The company plans to expand into futures and options next, targeting a broader investor base.

Coinbase said it aims to compete directly with traditional finance across trading and payments.

The move comes ahead of new legislation that will require all crypto exchanges to be licensed in Australia.

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