Coinbase Inc. ($COIN), the top cryptocurrency exchange based out of New York has got German regulator clearance to offer crypto custody services. The news was broken by Bloomberg correspondent Walter Brandinarte.
*COINBASE GETS GERMAN APPROVAL FOR CRYPTO CUSTODY BUSINESS$COIN
— *Walter Bloomberg (@DeItaone) June 28, 2021
The regulatory clearance from Federal Financial Supervisory Authority (BaFin) comes just a week after the crypto exchange was cleared by Japan’s regulatory head FSA to enter the Japanese crypto market.