Coinbase Seeks to Singapore Amid SEC Troubles

The post Coinbase Seeks to Singapore Amid SEC Troubles appeared first on Coinpedia Fintech News

Coinbase is now focusing on Singapore, after a cryptocurrency crackdown by U.S regulators. Currently,  the crypto exchange is fortifying its international expansion strategy. In a court submission on Monday, the SEC opposed the necessity of providing clarity on cryptocurrency rules. Coinbase CEO Brian Armstrong is considering relocating the company to the Bahamas, UAE, and Europe as its favored choice to establish its headquarters. But not in the U.S. due to the absence of clear guidelines on cryptocurrency policies.