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Coinbase Weighs UAE as Potential International Hub, CEO Says

From bnnbloomberg.ca

Crypto exchange Coinbase Global Inc., at loggerheads with regulators in the US, is considering the United Arab Emirates to be an international hub. “We are looking for a home to set up an international hub that could serve the long tail of countries in the world,” Chief Executive Officer Brian Armstrong told Bloomberg TV in an interview. The UAE is well positioned to expand and serve markets in the Middle East, Africa and Asia, he said. The UAE is “leading the way regionally” in crypto, and could be a potential international hub, Armstrong said at a panel at the Dubai FinTech Summit 2023. The region serves as a ... (full story)

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