Coinbase Acquires BUX’s Cyprus Unit, Signaling Potential Entry into CFDs

Coinbase, the largest US-based crypto exchange, has acquired the Cyprus unit of BUX and rebranded it as Coinbase Financial Services Europe. This move provides Coinbase with a coveted Cyprus Investment Firm (CIF) license, allowing the crypto exchange giant to offer Contracts for Differences (CFDs) across the European Economic Area (EEA). Coinbase Expands Horizons with a CySEC License The... source: https://beincrypto.com/coinbase-acquires-buxs-cyprus-unit/