Coinbase has acquired BUX’s Cyprus subsidiary and is suspected of entering the field of CFDs
Editor
2025-01-03 20:02 8,764
Share to:
Golden Finance reported that Coinbase has acquired the Cyprus subsidiary of BUX (formerly Stryk) and renamed the entity Coinbase Financial Services Europe. With this acquisition, Coinbase now holds a Cyprus Investment Company (CIF) license, which authorizes it to offer Contracts for Difference (CFD) products. Additionally, Coinbase can leverage this Cyprus license to offer financial products to other European Economic Area (EEA) member states