Coinbase has acquired BUX's Cyprus subsidiary and is suspected of planning to enter the CFD space
2025-01-03 11:49:01
Coinbase acquisition bux predecessor stryk Cyprus subsidiary company entitydesk3cryptocurrencydesktopCrypto News
Coinbase has acquired the Cyprus subsidiary of BUX (formerly Stryk) and renamed the entity Coinbase Financial Services Europe. With this acquisition, Coinbase now has a Cyprus Investment Company (CIF) license, which authorizes it to offer Contracts for Difference (CFD) products. Additionally, Coinbase can use this Cyprus license to offer financial products to other European Economic Area (EEA) member states
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