In brief
Coinbase has secured UK authorization to offer regulated investment services, letting it provide traditional financial instruments beyond crypto.
UK users will be able to trade equities on the platform for the first time, while institutional and advanced traders gain access to crypto, equity, and commodity derivatives.
The license adds to Coinbase's existing UK e-money and crypto registrations and advances its push to become an "everything exchange."
Crypto exchange Coinbase has won regulatory approval to offer stocks and derivatives to UK customers, the biggest expansion of its product line-up in one of its largest international markets and its latest move toward what it calls the "everything exchange."The exchange said Tuesday it had been granted a UK investment services authorization, sometimes called a MiFID license, from the Financial Conduct Authority, allowing it to offer traditional financial instruments beyond crypto.
