Coinbase Intends to Open a Global Crypto Platform
Coinbase is exploring the possibility of creating a cryptocurrency platform that would be beyond the reach of US authorities.
According to Bloomberg, negotiations are already underway with the company’s institutional customers. If desired, large investors will be able to purchase and sell digital assets on this trading platform.
The decision to launch this platform was made due to increased control over the blockchain industry in the United States.
It will be available for use by institutions from multiple countries, including the US, and will provide perpetual swaps tied to the value of digital currencies.
Despite this, Binance still maintains its dominance on the crypto derivatives market.