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Market News Crypto exchange Coinbase looks to expand footprint in Europe

Crypto exchange Coinbase looks to expand footprint in Europe

The digital asset industry is still in a depression, but cryptocurrency exchange Coinbase Global Inc announced on Friday that it was aiming to grow in several European areas.

Cory Russell

2022-07-04

660

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The digital asset industry is still in a depression, but cryptocurrency exchange Coinbase Global Inc announced on Friday that it was aiming to grow in several European areas.

In a blog post, the firm said that it was growing in France, Italy, Spain, and the Netherlands and that it planned to introduce its developer, institutional, and retail solutions in each of those areas.

In June, Coinbase cut 1,100 positions, or around 18% of its staff.