Coinbase wants to go global but needs to face off the likes of Binance
The market is a crowded one dominated by offshore players, including the world’s largest crypto exchange Binance
To fend off a regulatory clash at home, Coinbase has been trying to expand into international markets. But some analysts are sceptical that the company can catch up to its deeply entrenched rivals overseas.
The largest cryptocurrency exchange in the US said last week that it plans to launch a crypto derivatives exchange in Bermuda in the coming weeks after obtaining a regulatory license to operate in the country.
The...
