Bloomberg learns of Coinbase’s plans to create an exchange outside of US jurisdiction
The decision comes amid increased regulation of the industry in the US after the collapse of three banks that worked with digital assets
20.03.2023 - 10:30
783
2 min
0
Coinbase is allegedly investigating the potential of establishing a trading site outside of the US. To accomplish this, the exchange is seeking to collaborate with well-known figures in the sector. The story claims that the new site would be for institutional buyers who reside outside the United States.
Reports claim that Coinbase spoke with some of its institutional customers about establishing the non-U.S. platform. The move was reportedly made at a time when many American legislators and regulators were criticising cryptocurrency companies for what they saw as their part in the bankruptcy of Silvergate Bank, Silicon Valley Bank, and Signature Bank.
Recently, certain cryptocurrency firms have come under fire from American authorities, including the Securities and Exchange Commission, including Kraken for its US staking services. In March, Coinbase informed users that its staking program would carry on in defiance of the ban and "may even increase."
This new move highlights Coinbase's efforts to expand into other promising international marketplaces. One of the markets that has embraced possibilities in the blockchain and cryptocurrency sector is Singapore. Regulatory approval is one of the reasons the Asian nation is one of Coinbase's top foreign objectives. Through in-principle permission, Coinbase is now permitted to provide controlled Digital Payment Token (DPT) services. The authorization was provided by the Monetary Authority of Singapore (MAS).
This material is taken from the website https://www.indiatvnews.com.
Useful material?
Telegram 
Twitter Incidents
The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit
May 22, 2026
Incidents
Following the incident, the project temporarily halted trading operations and node activity.
May 15, 2026
Incidents
The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file
May 14, 2026
Crypto regulations
Authorities are introducing mandatory registration for companies handling cross-border crypto transactions
May 8, 2026
Incidents
According to Blockaid, the attack may have been carried out by the same hacker behind the 1inch Fusion V1 exploit.
May 7, 2026
Incidents
The attacker gained administrative access and altered contracts to drain user funds
Apr 30, 2026
Cryptocurrency rates
-
Bitcoin
$62 792
BTC
-6.51%
-
Ethereum
$2 551.16
ETH
+3.56%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.15
XRP
-6.85%
-
TRON
$0.160134
TRX
-1.59%
-
Dogecoin
$0.087529
DOGE
-6.87%
-
Zcash
$540.24
ZEC
-10.98%
-
Cardano
$0.188869
ADA
-13.05%
-
Stellar XLM
$0.207323
XLM
-7.96%
-
Polkadot
$3.32
DOT
+5.27%