MysticGlider
Mon Jan 06 2025
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6 answers
1124
Why did Coinbase acquire MiFID?
Coinbase acquired MiFID to expand its derivatives offering in Europe, targeting the profitable derivatives market which accounts for approximately 75% of the global cryptocurrency market. This acquisition allows Coinbase to provide regulated derivatives such as futures and options to qualified customers in selected EU countries, strengthening its position as a leading cryptocurrency player.
