Coinbase Expands into Traditional Markets with New UK License

Coinbase has obtained a UK MiFID license allowing it to offer equities and derivatives to UK customers.

The new license will enable Coinbase to combine crypto and traditional investments on one platform, increasing adoption potential and diversifying revenue streams.

The company can now legally operate in the traditional financial markets, offering products like stocks, derivatives, futures, options, and more.

Coinbase praised the UK and the FCA for creating a better regulatory environment that will allow it to expand its services beyond crypto.