Coinbase Eases User Registration for China, COIN Stock Surges

The stock price of Coinbase Global (COIN) has increased by over 2% on Thursday, coinciding with a broader recovery in the crypto market.

According to reports, the cryptocurrency exchange has simplified its user registration process for users in mainland China, contributing to the surge in COIN's stock price.

This move is seen as an effort by Coinbase to tap into the growing interest in cryptocurrencies among Chinese investors.