Crypto Giant Coinbase Defies Regulatory Hurdles, Launches Offshore Derivatives Exchange

Coinbase Global Inc. (NASDAQ: COIN) is diversifying its business by launching an international derivatives exchange for institutional crypto traders outside the United States. The Coinbase International Exchange will list Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) perpetual futures starting this week, after receiving a license from the Bermuda Monetary Authority in April.