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Coinpedia
2023-09-23 09:36:41

Coinbase Cancels “Highly Profitable” FTX Europe Acquisition

Coinbase Cancels “Highly Profitable” FTX Europe Acquisition

The post Coinbase Cancels “Highly Profitable” FTX Europe Acquisition appeared first on Coinpedia Fintech News According to a recent report by Fortune, Coinbase, the U.S. cryptocurrency giant, has officially pulled the plug on its plans to acquire FTX Europe. Initially, Coinbase had aimed to extend its foothold into the European derivatives market through this acquisition. However, the decision was changed after evaluating the regulatory challenges haunting the markets at present. …

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