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Is Coinbase a virtual asset services provider in France?

Register Now Crypto exchange Coinbase (COIN) said it received registration as a Virtual Asset Services Provider in France, allowing it to offer a "full suite of retail, institutional, and ecosystem products and services" in the country.

Why did Coinbase global register with the French market regulator?

Cryptocurrency exchange Coinbase Global secured registration with the French markets regulator on Thursday, as it seeks to expand globally under its Go Deep, Go Broad strategy.

Is Coinbase a 'green light' for cryptocurrencies in France?

France’s AMF watchdog gave Coinbase virtual asset service provider (VASP) approval, which is effectively a green light for the company to operate crypto services in the country. French President Emmanuel Macron is seeking to make the country a hub for technologies like AI and crypto, committing billions of euros in subsidies and state funding.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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