Coinbase, the largest U.S. cryptocurrency exchange and wallet service, will be expanding its operation in Ireland after successfully e-money license from the Central Bank of Ireland.
According to The Irish Times and Coinbase’s blog , Coinbase is one of the companies to receive the e-money license in Ireland.
Coinbase’s choice of Dublin for this operation reinforces the strength of Ireland as a destination for financial services companies, providing a consistent, certain, pro-enterprise policy environment for businesses to grow and thrive
Martin Shanahan, CEO, IDA Ireland
Coinbase is one of the largest cryptocurrency exchanges in the world, it is based in San Francisco, California and currently has more than 30 million users, while over $150 billion has been traded on its platform.
Coinbase has always been working on “licensing”. It firstly obtained BitLicense from New York State Department of Financial Services (NYDFS) and later acquiring a fully licensed securities firm.
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