Coinbase may move HQ to the UK

[troubled soul]

In Crypto: Coinbase may move HQ to the UK

CEO Brian Armstrong says lack of regulatory clarity in US could ultimately see exchange relocate to its second-largest market

businesscloud.co.uk

 

[Martin Everson]

I get it that UK may be their second biggest market but there is no need to operate from there...yikes. The UK is joining the CPTPP anyway which will cover access to financial services. So they could in principle have more countries to operate from which have a crypto framework such as Singapore.

But in end I don't exactly know what "regulatory clarity" they are referring that is causing them concerns.

 

[troubled soul]

Coinbase gets Bermuda license, plans to launch offshore exchange in coming weeks

Coinbase's disclosure that it's received a license to operate in Bermuda comes at a time when the U.S. crypto industry is exploring offshore alternatives.

fortune.com

Coinbase gets Bermuda license, plans to launch offshore exchange in coming weeks​

 

[Martin Everson]

So they want to operate in a tax free British Overseas Territory. I see you Coinbase .

 

[TheCryptoAnt]

Coinbase gets Bermuda license, plans to launch offshore exchange in coming weeks

Coinbase's disclosure that it's received a license to operate in Bermuda comes at a time when the U.S. crypto industry is exploring offshore alternatives.

fortune.com

Coinbase gets Bermuda license, plans to launch offshore exchange in coming weeks​

TBH most caribbean jurisdictions are great for crypto if you dont need banking.

And even at the size of Coinbase I'm sure they can get a solution for banking if needed.

 

[troubled soul]

Gemini Latest Exchange to Pivot to Asia as US Crypto Exodus Continues

Gemini the Latest to Pivot to Asia as US Crypto Exodus Continues

The Gemini crypto exchange is the latest to eye expansion in Asia with a move to India as the American war on crypto continues.

beincrypto.com

Gemini Moves Engineering Operation to India Amid US Crypto War
]Gemini Latest Exchange to Pivot to Asia as US Crypto Exodus Continues - CryptoSaurus